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