HIGHWOODS PROPERTIES, INC. — Director's Dealing 2013

Mar 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2013-03-05

Reporting Person: STEVENS TERRY L (SVP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-05	Common Stock	M	6168	$29.05	Acquired	135973	Direct
2013-03-05	Common Stock	M	6084	$32.00	Acquired	142057	Direct
2013-03-05	Common Stock	M	9457	$33.93	Acquired	151514	Direct
2013-03-05	Common Stock	S	21709	$37.80	Disposed	129805	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-05	Stock Option (right to buy)	$29.05	M	6168	Disposed	2017-02-25	Common Stock (6168)	Direct
2013-03-05	Stock Option (right to buy)	$32.00	M	6084	Disposed	2019-02-27	Common Stock (6084)	Direct
2013-03-05	Stock Option (right to buy)	$33.93	M	9457	Disposed	2018-02-27	Common Stock (9457)	Direct

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $37.80- $37.85

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.