HIGHWOODS PROPERTIES, INC. — Director's Dealing 2011

Jan 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2010-12-31

Reporting Person: SLOAN JR O TEMPLE (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-31	Phantom Stock	$	A	31.6	Acquired		Common Stock (31.6)	Direct
2010-12-31	Phantom Stock	$32.06	D	2052.32	Disposed		Common Stock (2052.32)	Direct

Footnotes

F1: Security converts to cash price of common stock on a one-for-one basis.

F2: Pursuant to five year payout requirement under the Plan.

F3: There is no expiration date to payout election.