0001127602-11-032059.txt : 20111213 0001127602-11-032059.hdr.sgml : 20111213 20111213145214 ACCESSION NUMBER: 0001127602-11-032059 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: MCCOLL JOHN S CENTRAL INDEX KEY: 0001231794 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 111258320 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 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 0001231794 MCCOLL JOHN S 191 PEACHTREE STREET NE SUITE 500 ATLANTA GA 30303 1 Executive Vice President Common Stock 2011-12-11 4 M 0 677 0 A 80799 D Common Stock 2011-12-11 4 D 0 677 5.97 D 80122 D Common Stock 14337.83 I By Profit Sharing Plan Phantom Stock 2011-12-11 4 M 0 677 0 D 2008-12-11 2011-12-11 Common Stock 677 0 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. Award of restricted stock units under the Cousins Properties Incorporated (CPI) 2005 Restricted Stock Unit 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. Includes 19,292 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/ John S. McColl 2011-12-13