-----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, NM/V7pFS7O/onVIMBTFZudxuFit/0s7aJV6vX2xhI2QFsWJUFH5hFSqOUMYvfD5S 0TfvCJO7by/p4ZM9vj8OBQ== 0001127602-08-010988.txt : 20081211 0001127602-08-010988.hdr.sgml : 20081211 20081211185239 ACCESSION NUMBER: 0001127602-08-010988 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081209 FILED AS OF DATE: 20081211 DATE AS OF CHANGE: 20081211 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: Smith Bruce E CENTRAL INDEX KEY: 0001290762 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 081244534 BUSINESS ADDRESS: BUSINESS PHONE: 770-955-2200 MAIL ADDRESS: STREET 1: 2500 WINDY RIDGE PARKWAY STREET 2: SUITE 1600 CITY: ATLANTA STATE: GA ZIP: 30339 4 1 form4.xml PRIMARY DOCUMENT X0303 4 2008-12-09 0000025232 COUSINS PROPERTIES INC CUZ 0001290762 Smith Bruce E 191 PEACHTREE STREET SUITE 3600 ATLANTA GA 30303 1 Senior Vice President Common Stock 2008-12-09 4 F 0 1283 12.63 D 23956 D Common Stock 2008-12-09 4 M 0 361 0 A 24317 D Common Stock 2008-12-09 4 D 0 361 12.63 D 23956 D Common Stock 2008-12-11 4 M 0 1373 0 A 25329 D Common Stock 2008-12-11 4 D 0 1373 11.17 D 23956 D Common Stock 10231 I By Profit Sharing Plan Phantom Stock 2008-12-09 4 M 0 361 D 2006-12-09 2009-12-09 Common Stock 361 361 D Phantom Stock 2008-12-11 4 M 0 1373 D 2007-12-11 2010-12-11 Common Stock 1373 2746 D 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. Includes 3,899 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. 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. Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 1999 Incentive Stock Plan. /s/ Bruce E. Smith 2008-12-11 -----END PRIVACY-ENHANCED MESSAGE-----