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HIGHWOODS PROPERTIES, INC. — Director's Dealing 2018
Mar 2, 2018
31273_dirs_2018-03-02_029321a0-4d42-4b8b-ad7c-efe239dc8e43.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2018-03-01
Reporting Person: Mulhern Mark F (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-01 | Common Stock | A | 18248.00 | $0.00 | Acquired | 79057.00 | Direct |
| 2018-03-01 | Common Stock | F | 3786.00 | $0.00 | Disposed | 75271.00 | Direct |
| 2018-03-01 | Common Stock | D | 1569.00 | $0.00 | Disposed | 73702.00 | Direct |
Footnotes
F1: Consists of time-based restricted stock granted by the Company that vests ratably over four years on March 1st of each year after the grant date and total return-based restricted stock granted by the Company that vests at the end of the applicable measurement period to the extent actual performance exceeds certain levels of performance.
F2: In accordance with the terms of the initial restricted stock award and in connection with the vesting of the award, the reporting person tendered a portion of the restricted stock award to the issuer in satisfaction of tax liabilities.
F3: Represents the number of shares forfeited under the Company's Long-Term Incentive Plan - Total Shareholder Return Plan because the Company achieved less than target levels of performance relative to predetermined goals.