-----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, GT5mgLLWNPun9UdqFR6pxTtef/okNqvmkvhmcIGF+smN0+ojIno7bW6wnEqMoijn Tj+Sr6+3VzfBjW+19x6RkQ== 0001127602-10-005197.txt : 20100217 0001127602-10-005197.hdr.sgml : 20100217 20100217180950 ACCESSION NUMBER: 0001127602-10-005197 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100215 FILED AS OF DATE: 20100217 DATE AS OF CHANGE: 20100217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Yenser Steven V CENTRAL INDEX KEY: 0001453423 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 10614192 MAIL ADDRESS: STREET 1: 191 PEACHTREE STREET NE STREET 2: SUITE 3600 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 form4.xml PRIMARY DOCUMENT X0303 4 2010-02-15 0000025232 COUSINS PROPERTIES INC CUZ 0001453423 Yenser Steven V 191 PEACHTREE STREET NE SUITE 3600 ATLANTA GA 30303 1 EVP Common Stock 2010-02-15 4 A 0 9702 0 A 13809 D Common Stock 2010-02-16 4 M 0 1216 0 A 15025 D Common Stock 2010-02-16 4 D 0 1216 7.53 D 13809 D Common Stock 720.7508 I By Profit Sharing Plan Stock Options (Right to Buy) 7.02 2010-02-15 4 A 0 16779 7.02 A 2011-02-15 2020-02-15 Common Stock 16779 16779 D Phantom Stock 2010-02-16 4 M 0 1216 0 D 2010-02-16 2013-02-16 Common Stock 1216 3650 D Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan. Award of restricted stock shares under the Cousins Properties Incorporated (CPI) 2009 Incentive Stock Plan. These shares will cliff vest on continued service on 2/15/2013. 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 units under Cousins Properties Incorporated (CPI) 2005 Restricted Stock Unit Plan. Each unit represents a right to receive a payment in cash equal to the average of the closing price of CPI's common stock on each trading day during the 30 day period ending on 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. Unforfeited shares held prior to vesting will earn dividends paid annually but will not have shareholder rights. 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. These options were granted under the 2009 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 the full allotment of CPI stock, elect a cashless exercise. The cashless exercise 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. Includes 9,702 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2009 Incentive Stock Plan. These shares will cliff vest on continued service on 2/15/2013. 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. /s/ Steven V. Yenser 2010-02-17 -----END PRIVACY-ENHANCED MESSAGE-----