HIGHWOODS PROPERTIES, INC. — Director's Dealing 2013

Mar 8, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2013-03-06

Reporting Person: FRITSCH EDWARD J (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-06	Common Stock	M	24655	$33.93	Acquired	391509	Direct
2013-03-06	Common Stock	S	24655	$38.14	Disposed	366854	Direct
2013-03-07	Common Stock	M	3600	$32.00	Acquired	370454	Direct
2013-03-07	Common Stock	S	3600	$38.25	Disposed	366854	Direct
2013-03-08	Common Stock	M	11391	$32.00	Acquired	378245	Direct
2013-03-08	Common Stock	S	11391	$38.28	Disposed	366854	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-06	Stock Option (right to buy)	$33.93	M	24655	Disposed	2018-02-28	Common Stock (24655)	Direct
2013-03-07	Stock Option (right to buy)	$32.00	M	3600	Disposed	2019-02-27	Common Stock (3600)	Direct
2013-03-08	Stock Option (right to buy)	$32.00	M	11391	Disposed	2019-02-27	Common Stock (11391)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70	Indirect

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $38.09- $38.19

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: Represents the weighted average sale price. Sale prices range from $38.25 - $38.26

F4: Represents the weighted average sale price. Sale prices range from $38.25- $38.36

F5: Options vest ratably over 4 years on March 1st of each year after the grant date.