HIGHWOODS PROPERTIES, INC. — Director's Dealing 2016

Mar 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2016-03-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-17	Common Stock	M	26109	$29.05	Acquired	452667	Direct
2016-03-17	Common Stock	S	26109	$47.10	Disposed	426558	Direct
2016-03-18	Common Stock	M	3214	$29.05	Acquired	429772	Direct
2016-03-18	Common Stock	S	3214	$47.09	Disposed	426558	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-17	Employee Stock Option (right to buy)	$29.05	M	26109	Disposed	2017-02-25	Common Stock (26109)	Direct
2016-03-18	Employee Stock Option (right to buy)	$29.05	M	3214	Disposed	2017-02-25	Common Stock (3214)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	70	Indirect

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $47.05 - $47.17.

F2: Represents the weighted average sale price. Sale prices range from $47.05 - $47.10.

F3: Options vest ratably over 4 years on March 1st of each year after the grant date. Such options were scheduled to expire within one year from the date hereof.