HIGHWOODS PROPERTIES, INC. — Director's Dealing 2014

Dec 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2014-11-26

Reporting Person: Klinck Theodore J (VP/Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-26	Common Stock	M	4553	$31.36	Acquired	31834	Direct
2014-11-26	Common Stock	M	2884	$36.50	Acquired	34718	Direct
2014-11-26	Common Stock	S	7437	$43.13	Disposed	27281	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-26	Stock Option (right to buy)	$31.36	M	4553	Disposed	2019-03-11	Common Stock (4553)	Direct
2014-11-26	Stock Option (right to buy)	$36.50	M	2884	Disposed	2020-02-28	Common Stock (2884)	Direct

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $43.13- $43.14

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 12th of each year after the grant date.