HIGHWOODS PROPERTIES, INC. — Director's Dealing 2014

May 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2014-05-14

Reporting Person: KELLETT SHERRY A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-14	Common Stock	M	10000	$27.62	Acquired	27833	Direct
2014-05-14	Common Stock	S	10000	$41.19	Disposed	17833	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-14	Stock Option (right to buy)	$27.62	M	10000	Disposed	2015-09-30	Common Stock (10000)	Direct

Footnotes

F1: Stock Options are scheduled to expire within 16 months if not exercised.

F2: Represents the weighted average sale price. Sale prices range from $41.17 - $41.21

F3: 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.

F4: Option vests ratably on the first through fourth anniversaries of grant date.