-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UOoMBzgrxMLAK6v4Lp8efHLo0oSsBQlhJ+MKrwlIktLvSXqDThxCh9Y+Im28vyQ5 o0AB+ijlMoJUTKGpOR859g== 0000025232-06-000087.txt : 20061205 0000025232-06-000087.hdr.sgml : 20061205 20061205164312 ACCESSION NUMBER: 0000025232-06-000087 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061204 FILED AS OF DATE: 20061205 DATE AS OF CHANGE: 20061205 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COUSINS PROPERTIES INC CENTRAL INDEX KEY: 0000025232 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 580869052 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2500 WINDY RIDGE PKWY STE 1600 CITY: ATLANTA STATE: GA ZIP: 30339-5683 BUSINESS PHONE: 7709552200 MAIL ADDRESS: STREET 1: 2500 WINDY RIDGE PARKWAY STREET 2: SUITE 1600 CITY: ATLANTA STATE: GA ZIP: 30339-5683 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHARLESWORTH TOM G CENTRAL INDEX KEY: 0001231789 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 061257775 MAIL ADDRESS: STREET 1: 2500 WINDY RIDGE PARKWAY SUITE 1600 CITY: ATLANTA STATE: GA ZIP: 30339 4 1 doc.xml PRIMARY DOCUMENT X0202 4 2006-12-04 0000025232 COUSINS PROPERTIES INC CUZ 0001231789 CHARLESWORTH TOM G 2500 WINDY RIDGE PARKWAY SUITE 1600 ATLANTA GA 30339 0 1 0 0 Executive Vice President Common Stock 2006-12-04 4 M 0 16511 16.44 A 97649 D Common Stock 2006-12-04 4 M 0 20799 22.49 A 118448 D Common Stock 2006-12-04 4 S 0 37310 37.1473 D 81138 D Common Stock 10396 I By Profit Sharing Plan Stock Options (Right to buy) 16.44 2006-12-04 4 M 0 16511 0 D 2003-11-19 2012-11-19 Common Stock 16511 3041 D Stock Options (Right to buy) 22.49 2006-12-04 4 M 0 20799 0 D 2004-12-10 2013-12-10 Common Stock 20799 25241 D On November 19, 2004 and November 25, 2006 the number of options beneficially owned and the corresponding exercise prices were adjusted due to the payment of a special dividend. The number of options outstanding increased by approximately 22.24% and the exercise price decreased by approximately 18.19% for the November 19, 2004 special dividend. The number of options outstanding increased by approximately 9.87% and the exercise price decreased by approximately 8.98% for the November 25, 2006 special dividend. On September 16, 2003, November 19, 2004, and November 25, 2006 the number of options beneficially owned and the corresponding exercise prices were adjusted due to the payment of a special dividend. The number of options outstanding increased by approximately 7.4% and the exercise price decreased by approximately 6.9% for the September 16, 2003 special dividend. The number of options outstanding increased by approximately 22.24% and the exercise price decreased by approximately 18.19% for the November 19, 2004 special dividend. The number of options outstanding increased by approximately 9.87% and the exercise price decreased by approximately 8.98% for the November 25, 2006 special dividend. Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan. These options were granted under the Cousins Properties Incorporated 1999 Incentive Stock Plan. These options will vest 25% per year on the anniversary of the grant date, with shares being 100% vested in year 4 of the grant term. The Plan under which these options were granted complies with Rule 16b-3 and provides for tax withholding. Includes 12,992 shares of restricted stock awarded under the CPI 1999 Incentive Stock Plan. These shares will vest 25% per year on each anniversary date of the grant, and CPI will hold these shares until such shares become vested. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment. Tom G. Charlesworth 2006-12-05 -----END PRIVACY-ENHANCED MESSAGE-----