0001127602-13-019281.txt : 20130604 0001127602-13-019281.hdr.sgml : 20130604 20130604150728 ACCESSION NUMBER: 0001127602-13-019281 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130531 FILED AS OF DATE: 20130604 DATE AS OF CHANGE: 20130604 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAYNE WILLIAM PORTER CENTRAL INDEX KEY: 0001180449 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 13890969 MAIL ADDRESS: STREET 1: GLEACHER PARTNERS, LLC STREET 2: 3050 PEACHTREE RD., N.W., STE. 475 CITY: ATLANTA STATE: GA ZIP: 30305 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2013-05-31 0000025232 COUSINS PROPERTIES INC CUZ 0001180449 PAYNE WILLIAM PORTER 191 PEACHTREE STREET SUITE 500 ATLANTA GA 30303 1 Common Stock 2013-05-31 4 A 0 4604 10.86 A 111059.8632 D Common Stock 2013-05-31 4 A 0 5102 9.80 A 116161.8632 D Common Stock 2013-06-01 4 M 0 595 0 A 116756.8632 D Common Stock 2013-06-01 4 D 0 595 10.86 D 116161.8632 D Common Stock 2013-06-01 4 M 0 2546 0 A 118707.8632 D Common Stock 2013-06-01 4 D 0 2546 10.86 D 116161.8632 D Common Stock 2001 I By Wife Phantom Stock 2013-06-01 4 M 0 595 0 D 2010-06-01 2013-06-01 Common Stock 595 0 D Phantom Stock 2013-06-01 4 M 0 2546 0 D 2013-06-01 2013-06-01 Common Stock 2546 0 D Half of the 2013-2014 director annual retainer was paid in stock under the Cousins Properties Incorporated 2009 Incentive Stock Plan. For the purpose of determining the number of shares granted, the value of the Corporation's common stock is equal to the average closing price on each trading day during the 30 calendar day period ending May 31, 2013. Stock granted in lieu of cash for director's fees under the Cousins Properties Incorporated 2009 Incentive Stock Plan (2009 Plan). Under the 2009 Plan, the price is 95% of the closing price on the day of issuance. 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. Restricted stock units were granted under the Cousins Properties Incorporated 2005 Restricted Stock Unit Plan (the 2005 RSU Plan) and have vested as to 100% 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 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 separation from service as a member of the Board. 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 100% on the third anniversary of the grant date. Unforfeited shares held prior to vesting will earn dividends paid annually but will not have shareholder rights. All unvested shares will forfeit upon separation from service as a member of the Board. /s/ Kristin R. Myers, by Power of Attorney 2013-06-04