0001127602-13-006673.txt : 20130219 0001127602-13-006673.hdr.sgml : 20130219 20130219151421 ACCESSION NUMBER: 0001127602-13-006673 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130214 FILED AS OF DATE: 20130219 DATE AS OF CHANGE: 20130219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GELLERSTEDT LAWRENCE L III CENTRAL INDEX KEY: 0001056731 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 13623062 MAIL ADDRESS: STREET 1: MARQUIS TOWER SUITE 245 STREET 2: 245 PEACHTREE CENTER AVENUE NE 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 X0306 4 2013-02-14 0000025232 COUSINS PROPERTIES INC CUZ 0001056731 GELLERSTEDT LAWRENCE L III 191 PEACHTREE STREET SUITE 500 ATLANTA GA 30303 1 President & CEO Common Stock 2013-02-14 4 F 0 5642 9.22 D 413450 D Common Stock 2013-02-15 4 F 0 18610 9.34 D 394840 D Common Stock 2013-02-16 4 M 0 3730 8.9425 A 398570 D Common Stock 2013-02-16 4 D 0 3730 8.9425 D 394840 D Common Stock 1665 I By Profit Sharing Plan Common Stock 50 I By Spouse Common Stock 500 I By Irrevocable Trust Common Stock 1000 I By Irrevocable Trust Phantom Stock 2013-02-16 4 M 0 3730 0 D 2010-02-16 2013-02-16 Common Stock 3730 0 D Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 2009 Incentive Stock Plan. Includes 258,898 restricted stock awarded under the Cousins Properties Incorporated (CPI) 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. Includes 220,088 restricted stock awarded under the Cousins Properties Incorporated (CPI) 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. 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. /s/ Lawrence L. Gellerstedt III 2013-02-19