HIGHWOODS PROPERTIES, INC. — Director's Dealing 2014

Dec 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2014-12-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-01	Common Stock	M	36280	$18.89	Acquired	423688	Direct
2014-12-01	Common Stock	S	36280	$43.46	Disposed	387408	Direct
2014-12-02	Common Stock	M	27022	$18.89	Acquired	414430	Direct
2014-12-02	Common Stock	S	27022	$43.51	Disposed	387408	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-01	Stock Option (right to buy)	$18.89	M	36280	Disposed	2016-02-28	Common Stock (36280)	Direct
2014-12-02	Stock Option (right to buy)	$18.89	M	27022	Disposed	2016-02-28	Common Stock (27022)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70	Indirect

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $43.45 - $43.52

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 $43.45 - $43.71

F4: Options vest ratably over 4 years on March 1st of each year after the grant date.