HIGHWOODS PROPERTIES, INC. — Director's Dealing 2020

Mar 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES, INC. (HIW)
CIK: 0000921082
Period of Report: 2020-03-01

Reporting Person: Maiorana Brendan C (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-01	Common Stock	A	4336.00	$0.00	Acquired	17693.00	Direct
2020-03-01	Common Stock	F	554.00	$0.00	Disposed	17139.00	Direct
2020-03-01	Common Stock	D	1612.00	$0.00	Disposed	15527.00	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 total return-based shares of restricted stock forfeited because the Company achieved less than threshold levels of performance relative to predetermined goals.