-----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, TxO4QK8PWKs2Gbs1u8CXyfbjbrFbZlxXi69ty3n/RlEl7aSfj9Igins7/DDhVyo/ tZThtxJZsDbXje9fc5eMxw== 0000025232-07-000076.txt : 20071212 0000025232-07-000076.hdr.sgml : 20071212 20071212074408 ACCESSION NUMBER: 0000025232-07-000076 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071211 FILED AS OF DATE: 20071212 DATE AS OF CHANGE: 20071212 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: 071300501 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 2007-12-11 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 2007-12-11 4 A 0 5524 0 A 7740 D Common Stock 2007-12-11 4 M 0 1923 0 A 9663 D Common Stock 2007-12-11 4 M 0 264 0 A 9927 D Common Stock 2007-12-11 4 D 0 264 23.04 D 9663 D Common Stock 2007-12-11 4 D 0 1923 23.04 D 7740 D Common Stock 642 I By Profit Sharing Plan Phantom Stock 2007-12-11 4 M 0 1923 0 D 2007-12-11 2010-12-11 Common Stock 1923 5769 D Phantom Stock 2007-12-11 4 M 0 264 0 D 2007-12-11 2009-12-09 Common Stock 264 526 D Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan. Award of restricted stock units under the 2005 RSU Plan. 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 upon termination of employment. Includes 6,848 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. Award of restricted stock shares 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. Restricted stock units were granted under the Cousins Properties Incorporated 2005 Restricted Stock Unit Plan (the 2005 RSU Plan) and have vested as to 25% of the total units granted. As required under the 2005 RSU Plan, the vested units were settled for cash from CPI. Each restricted stock unit is the economic equivalent of one share of CPI common stock. Lawrence L. Gellerstedt III 2007-12-12 -----END PRIVACY-ENHANCED MESSAGE-----