-----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, BEzz6NLbpiH/F6mCfiuZuDqVfR5/Yt2qmJOXu4IfzD/MqkApdQO7OHn6l0CBbUxp lgKl5pX2h2+i4kClk8AzdQ== 0000025232-07-000046.txt : 20070816 0000025232-07-000046.hdr.sgml : 20070816 20070816124350 ACCESSION NUMBER: 0000025232-07-000046 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070814 FILED AS OF DATE: 20070816 DATE AS OF CHANGE: 20070816 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: 191 PEACHTREE STREET N.E. STREET 2: SUITE 3600 CITY: ATLANTA STATE: GA ZIP: 30303-1740 BUSINESS PHONE: 404-407-1000 MAIL ADDRESS: STREET 1: 191 PEACHTREE STREET N.E. STREET 2: SUITE 3600 CITY: ATLANTA STATE: GA ZIP: 30303-1740 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAYNE WILLIAM PORTER CENTRAL INDEX KEY: 0001180449 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 071061839 BUSINESS ADDRESS: STREET 1: GLEACHER PARTNERS LLC STREET 2: 3455 PEACTREE ROAD NE SUITE 975 CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 404-262-3900 MAIL ADDRESS: STREET 1: GLEACHER PARTNERS, LLC STREET 2: 3050 PEACHTREE RD., N.W., STE. 475 CITY: ATLANTA STATE: GA ZIP: 30305 4 1 doc.xml PRIMARY DOCUMENT X0202 4 2007-08-14 0000025232 COUSINS PROPERTIES INC CUZ 0001180449 PAYNE WILLIAM PORTER 191 PEACHTREE STREET SUITE 3600 ATLANTA GA 30303 1 0 0 0 Common Stock 2007-08-14 4 A 0 582 24.0303 A 42414 D Common Stock 2007-08-15 4 M 0 152 0 A 42566 D Common Stock 2007-08-15 4 D 0 152 24.03 D 42414 D Common Stock 1875 I By Wife Phantom Stock 2007-08-15 4 M 0 152 0 D 2007-08-15 2010-08-15 Common Stock 152 456 D Restricted stock units were granted under the Cousins Properties Incorporated 2005 Restricted Stock Unit (the 2005 RSU Plan) and have vested as to 25% of the total units granted. As permitted under the 2005 RSU Plan, the reporting person settled the 152 vested units for cash from CPI. Each restricted stock unit is the economic equivalent of one share of CPI common stock. Shares held by the reporting person's wife, as executrix of her father's estate, John F. Beard. Award of restricted stock units under the Cousins Properties Incorporated (CPI) 2005 Restricted Stock Unit Plan, as amended. Each unit represents a right to receive a payment in cash equal to the fair market value of one share of CPI's common stock as of the date payment is due under the Plan. These units will vest 25% per year on each anniversary date of the grant, with units being 100% vested in year 4 of the grant term. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends but will not have shareholder rights. All unvested shares will forfeit if the Director's service as a member of the CPI Board of Directors terminates, unless separation is due to death or change in control. Stock granted in lieu of cash for director's fees under the Cousins Properties Incorporated 1999 Incentive Stock Plan. Kristin R. Myers, by Power of Attorney 2007-08-16 -----END PRIVACY-ENHANCED MESSAGE-----