HIGHWOODS PROPERTIES, INC. — Director's Dealing 2013

Mar 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2013-03-21

Reporting Person: HARRIS MICHAEL E (Executive Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-21	Common Stock	M	12875	$18.89	Acquired	168915	Direct
2013-03-21	Common Stock	M	6541	$29.05	Acquired	175456	Direct
2013-03-21	Common Stock	M	6098	$32.00	Acquired	181554	Direct
2013-03-21	Common Stock	M	10029	$33.93	Acquired	191583	Direct
2013-03-21	Common Stock	S	35543	$38.78	Disposed	156040	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-21	Stock Option (right to buy)	$18.89	M	12875	Disposed	2016-02-28	Common Stock (12875)	Direct
2013-03-21	Stock Option (right to buy)	$29.05	M	6541	Disposed	2017-02-25	Common Stock (6541)	Direct
2013-03-21	Stock Option (right to buy)	$32.00	M	6098	Disposed	2019-02-27	Common Stock (6098)	Direct
2013-03-21	Stock Option (right to buy)	$33.93	M	10029	Disposed	2018-02-27	Common Stock (10029)	Direct

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $38.75 - $38.83

F2: The reporting person upon request by the Commission staff, the issuer, or a security holder of the issuer, agrees to disclose full information regarding the number of shares sold at each separate price.

F3: Options vest ratably over 4 years on March 1st of each year after the grant date.