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HIGHWOODS PROPERTIES, INC. — Director's Dealing 2019
Mar 1, 2019
31273_dirs_2019-03-01_7ba29f79-5d9c-4de0-b591-ca85815f7a35.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: 2019-03-01
Reporting Person: FRITSCH EDWARD J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-01 | Common Stock | A | 50872.00 | $0.00 | Acquired | 529613.00 | Direct |
| 2019-03-01 | Common Stock | F | 15408.00 | $0.00 | Disposed | 514205.00 | Direct |
| 2019-03-01 | Common Stock | D | 3117.00 | $0.00 | Disposed | 511088.00 | 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.