HIGHWOODS PROPERTIES, INC. — Director's Dealing 2014

Jun 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2014-06-06

Reporting Person: Penn Kevin E (VP/Chief Strategy & Admin)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-06	Common Stock	M	600	$42.19	Acquired	21785	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-06	Common Stock (right to buy)	$29.05	M	887	Disposed	2017-02-25	Common Stock (887)	Direct
2014-06-06	Common Stock (right to buy)	$32.00	M	1373	Disposed	2019-02-27	Common Stock (1373)	Direct
2014-06-06	Common Stock (right to buy)	$33.93	M	680	Disposed	2018-02-27	Common Stock (680)	Direct
2014-06-06	Common Stock (right to buy)	$36.50	M	1157	Disposed	2020-02-28	Common Stock (1157)	Direct

Footnotes

F1: The reporting person effectuated a net share settlement.

F2: Options vest ratably over 4 years on March 1st of each year after the grant date.