-----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, EUEK5eXjXWV8d2Jrn+GOS0Yo54ddg2ZC6Qp9D50oaTpvYqvfXbENpW9xPoo20iNy yYOTB38HbLsg98TfXW/3nw== 0001127602-10-005618.txt : 20100219 0001127602-10-005618.hdr.sgml : 20100219 20100219154838 ACCESSION NUMBER: 0001127602-10-005618 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100216 FILED AS OF DATE: 20100219 DATE AS OF CHANGE: 20100219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MCCOLL JOHN S CENTRAL INDEX KEY: 0001231794 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 10619601 MAIL ADDRESS: STREET 1: 2500 WINDY RIDGE PARKWAY SUITE 1600 CITY: ATLANTA STATE: GA ZIP: 30339 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 3 1 form3.xml PRIMARY DOCUMENT X0203 3 2010-02-16 0 0000025232 COUSINS PROPERTIES INC CUZ 0001231794 MCCOLL JOHN S 191 PEACHTREE STREET NE SUITE 3600 ATLANTA GA 30303 1 Executive Vice President Common Stock 69016 D Common Stock 13943.83 I By Profit Sharing Plan Phantom Stock 2007-12-11 2010-12-11 Common Stock 1181 D Phantom Stock 2008-12-11 2011-12-11 Common Stock 1354 D Phantom Stock 0 2010-02-16 2013-02-16 Common Stock 5484 D Stock Options (Right to Buy) 16.44 2003-11-19 2012-11-19 Common Stock 1521 D Stock Options (Right to Buy) 16.44 2003-11-19 2012-11-19 Common Stock 9658 D Stock Options (Right to Buy) 22.49 2004-12-10 2013-12-10 Common Stock 12489 D Stock Options (Right to Buy) 28.44 2005-12-08 2014-12-08 Common Stock 28015 D Stock Options (Right to Buy) 26.11 2006-12-09 2015-12-09 Common Stock 19775 D Stock Options (Right to Buy) 36.00 2007-12-11 2016-12-11 Common Stock 21972 D Stock Options (Right to Buy) 24.27 2008-12-06 2017-12-09 Common Stock 23600 D Stock Options (Right to Buy) 8.35 2010-02-16 2019-02-16 Common Stock 24570 D Stock Options (Right to Buy) 7.02 2011-02-15 2020-02-15 Common Stock 17472 D Includes 10,104 shares of restricted stock awarded under the CPI 2009 Incentive Stock Plan. These shares will cliff vest based 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 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. 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. Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan. These options were granted under the Cousins Properties Incorporated 1999 Incentive Stock Plan. The options will vest 25% per year on each anniversary date of the grant, with shares being 100% vested in year 4 of the grant term. These options were granted under the 1999 Incentive Stock Plan. These options will vest 25% per year on each anniversary date of the grant, 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. These options were granted under the 2009 Incentive Stock Plan. These options will vest 25% per year on each 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. /s/ John S. McColl 2010-02-19 -----END PRIVACY-ENHANCED MESSAGE-----