-----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, U7b/tWsLJmxFMA6vO+Rzs29DlDXzWDTZjuvrZybMU4jtC36FdsUSu/EcEnaYl7Up mzsEg+ZuziC6eITd79uPfQ== 0000025232-07-000064.txt : 20071210 0000025232-07-000064.hdr.sgml : 20071210 20071210170851 ACCESSION NUMBER: 0000025232-07-000064 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071206 FILED AS OF DATE: 20071210 DATE AS OF CHANGE: 20071210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GELLERSTEDT LAWRENCE L III CENTRAL INDEX KEY: 0001056731 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 071296427 BUSINESS ADDRESS: BUSINESS PHONE: 4045220035 MAIL ADDRESS: STREET 1: MARQUIS TOWER SUITE 245 STREET 2: 245 PEACHTREE CENTER AVENUE NE CITY: ATLANTA STATE: GA ZIP: 30303 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 4 1 doc.xml PRIMARY DOCUMENT X0202 4 2007-12-06 0000025232 COUSINS PROPERTIES INC CUZ 0001056731 GELLERSTEDT LAWRENCE L III 191 PEACHTREE STREET SUITE 3600 ATLANTA GA 30303 0 1 0 0 SVP-President Office/Multi-Fam Common Stock 2007-12-10 4 F 0 216 24.27 D 2216 D Common Stock 642 I By Profit Sharing Plan Stock Options (Right to buy) 24.27 2007-12-06 4 A 0 48160 0 A 2008-12-06 2017-12-06 Common Stock 48160 48160 D These options were granted under the 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 reporting person may, as an alternative to exercising the stock option right to purchase CPI stock, elect to exercise the related Stock Appreciation Right (SAR). The exercise of the SAR allows the reporting person to receive the number of whole shares of CPI stock equal to the difference between the fair market value of the stock on the date of exercise and the option price. Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan. Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 1999 Incentive Stock Plan. Includes 1,324 restricted stock awarded under the Cousins Properties Incorporated (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. Lawrence L. Gellerstedt III 2007-12-10 -----END PRIVACY-ENHANCED MESSAGE-----