HIGHWOODS PROPERTIES, INC. — Director's Dealing 2015

Nov 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2015-11-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-20	Common Stock	M	1153	$37.71	Acquired	26373	Direct
2015-11-20	Common Stock	M	1373	$32.00	Acquired	27746	Direct
2015-11-20	Common Stock	M	680	$33.93	Acquired	28426	Direct
2015-11-20	Common Stock	M	1158	$36.50	Acquired	29584	Direct
2014-11-20	Common Stock	S	4364	$44.00	Disposed	25220	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-20	Stock Option (right to buy)	$37.71	M	1153	Disposed	2024-02-28	Common Stock (1153)	Direct
2015-11-20	Stock Options (right to buy)	$32.00	M	1373	Disposed	2019-02-28	Common Stock (1373)	Direct
2015-11-20	Stock Options (right to buy)	$33.93	M	680	Disposed	2018-02-27	Common Stock (680)	Direct
2015-11-20	Stock Options (right to buy)	$36.50	M	1158	Disposed	2020-02-28	Common Stock (1158)	Direct

Footnotes

F1: Options vest ratably over 4 years on March 1st of each year after the grant date.