-----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, Pw31q6MW/rPBLtvpJuapaJ0Eir69EwCXoA6fa8g61qcMoXCOLgc1aKULHs+xCUiK H7Oe5XdTUXysvee1qzTTKA== 0000950123-09-021201.txt : 20090709 0000950123-09-021201.hdr.sgml : 20090709 20090709151012 ACCESSION NUMBER: 0000950123-09-021201 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090708 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20090709 DATE AS OF CHANGE: 20090709 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 09937004 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 8-K 1 g19713e8vk.htm FORM 8-K FORM 8-K
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 8, 2009
Cousins Properties Incorporated
(Exact name of registrant as specified in its charter)
Georgia
(State or other jurisdiction of incorporation)
001-11312
(Commission File Number)
58-0869052
(IRS Employer Identification Number)
191 Peachtree Street NE, Suite 3600, Atlanta, Georgia 30303-1740
(Address of principal executive offices)
Registrant’s telephone number, including area code: (404) 407-1000
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 5.02.   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     (c) On July 8, 2009, in connection with the appointment of Lawrence L. Gellerstedt, III as President and Chief Executive Officer of Cousins Properties Incorporated (the “Company”) effective July 1, 2009 (as previously reported on a Form 8-K filed on June 8, 2009), the Compensation, Succession, Nominating and Governance Committee of the Board of Directors (the “Committee”) approved changes to his compensation. Mr. Gellerstedt’s base salary was increased from $375,000 to $500,000, his target annual incentive cash bonus award was increased to $525,000 and his target long-term equity incentive award was increased to $800,000. The 2009 cash bonus and equity incentive award, if earned, are expected to be awarded by the Committee in February 2010.
     (e) On July 8, 2009, the Committee approved a change in compensation for R. Dary Stone, Vice Chairman of the Company. Mr. Stone is transitioning to a reduced work schedule effective July 1, 2009 through June 30, 2010. As a result, Mr. Stone will not be eligible for a 2009 annual incentive cash bonus award or a long-term equity incentive award. Mr. Stone remains eligible for the special cash bonus awards described in the Company's 2008 Form 10-K, which are related to a fee that the Company received in 2008 from a third-party client.

 

 

Signatures
     Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 9, 2009
         
  COUSINS PROPERTIES INCORPORATED
 		  
  By:   /s/ James A. Fleming    
    James A. Fleming   
    Executive Vice President and Chief Financial Officer   
 

 

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