0001127602-11-032058.txt : 20111213
0001127602-11-032058.hdr.sgml : 20111213
20111213145106
ACCESSION NUMBER: 0001127602-11-032058
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111211
FILED AS OF DATE: 20111213
DATE AS OF CHANGE: 20111213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ellis James T
CENTRAL INDEX KEY: 0001507272
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11312
FILM NUMBER: 111258316
MAIL ADDRESS:
STREET 1: 191 PEACHTREE STREET NE, 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 500
CITY: ATLANTA
STATE: GA
ZIP: 30303-1740
BUSINESS PHONE: 404-407-1000
MAIL ADDRESS:
STREET 1: 191 PEACHTREE STREET N.E.
STREET 2: SUITE 500
CITY: ATLANTA
STATE: GA
ZIP: 30303-1740
4
1
form4.xml
PRIMARY DOCUMENT
X0304
4
2011-12-11
0000025232
COUSINS PROPERTIES INC
CUZ
0001507272
Ellis James T
191 PEACHTREE STREET NE
SUITE 500
ATLANTA
GA
30303
1
SVP
Common Stock
2011-12-11
4
M
0
279
0
A
13197
D
Common Stock
2011-12-11
4
D
0
279
5.97
D
12918
D
Common Stock
6098
I
By Profit Sharing Plan
Phantom Stock
0
2011-12-11
4
M
0
279
0
D
2008-12-11
2011-12-11
Common Stock
279
0
D
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.
Includes 12,783 shares of restricted stock awarded under the CPI 2009 Incentive Stock Plan. 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/ James T. Ellis
2011-12-13