HIGHWOODS PROPERTIES, INC. — Director's Dealing 2015

Mar 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2015-03-20

Reporting Person: HARRIS MICHAEL E (Executive Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-20	Common Stock	M	6098	$32.00	Acquired	133388	Direct
2015-03-20	Common Stock	M	5015	$33.93	Acquired	138403	Direct
2015-03-20	Common Stock	M	5141	$36.50	Acquired	143544	Direct
2015-03-20	Common Stock	M	5120	$37.71	Acquired	148664	Direct
2015-03-20	Common Stock	S	21374	$46.29	Disposed	127290	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-20	Stock Option (right to buy)	$32.00	M	6098	Disposed	2019-02-27	Common Stock (6098)	Direct
2015-03-20	Stock Option (right to buy)	$33.93	M	5015	Disposed	2018-02-27	Common Stock (5015)	Direct
2015-03-20	Stock Option (right to buy)	$36.50	M	5141	Disposed	2020-02-28	Common Stock (5141)	Direct
2015-03-20	Stock Option (right to buy)	$37.71	M	5120	Disposed	2024-02-28	Common Stock (5120)	Direct

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $46.26 - $46.50

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 1st of each year after the grant date.