0001127602-12-006848.txt : 20120221
0001127602-12-006848.hdr.sgml : 20120220
20120221073109
ACCESSION NUMBER: 0001127602-12-006848
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120216
FILED AS OF DATE: 20120221
DATE AS OF CHANGE: 20120221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JONES CRAIG B
CENTRAL INDEX KEY: 0001231793
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11312
FILM NUMBER: 12624900
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
2012-02-16
0000025232
COUSINS PROPERTIES INC
CUZ
0001231793
JONES CRAIG B
191 PEACHTREE STREET
SUITE 500
ATLANTA
GA
30303
1
Executive Vice President
Common Stock
2012-02-16
4
M
0
3729
7.40
A
127594
D
Common Stock
2012-02-16
4
D
0
3729
7.40
D
123865
D
Common Stock
1625
I
As Trustee For Children
Common Stock
11457
I
By Profit Sharing Plan
Phantom Stock
2012-02-16
4
M
0
3729
0
D
2010-02-16
2013-02-16
Common Stock
3729
3730
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 47,292 shares of restricted stock awarded under the CPI 1999 and 2009 Incentive Stock Plans. 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/ Craig B. Jones
2012-02-21