HIGHWOODS PROPERTIES, INC. — Director's Dealing 2013

Apr 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2013-04-01

Reporting Person: Penn Kevin E (VP/Chief Strategy & Admin)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-01	Common Stock	M	1745	$18.89	Acquired	20661	Direct
2013-04-01	Common Stock	M	886	$29.05	Acquired	21547	Direct
2013-04-01	Common Stock	M	679	$33.93	Acquired	22226	Direct
2013-04-01	Common Stock	M	1373	$32.00	Acquired	23599	Direct
2013-04-01	Common Stock	S	4683	$39.44	Disposed	18916	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-01	Stock Option (right to buy)	$18.89	D	1745	Disposed	2016-02-28	Common Stock (1745)	Direct
2013-04-01	Stock Option (right to buy)	$29.05	D	886	Disposed	2017-02-25	Common Stock (886)	Direct
2013-04-01	Stock Option (right to buy)	$33.93	D	679	Disposed	2018-02-27	Common Stock (679)	Direct
2013-04-01	Stock Option (right to buy)	$32.00	D	1373	Disposed	2019-02-27	Common Stock (1373)	Direct

Footnotes

F1: Options vest ratably over 4 years on March 1st of each year after the grant date.