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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.