0001127602-14-027761.txt : 20140915 0001127602-14-027761.hdr.sgml : 20140915 20140915130038 ACCESSION NUMBER: 0001127602-14-027761 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140914 FILED AS OF DATE: 20140915 DATE AS OF CHANGE: 20140915 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: ADZEMA GREGG D CENTRAL INDEX KEY: 0001215395 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 141102689 MAIL ADDRESS: STREET 1: 1056 BOLLING ROAD CITY: CHARLETTE STATE: NC ZIP: 28207 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2014-09-14 0000025232 COUSINS PROPERTIES INC CUZ 0001215395 ADZEMA GREGG D 191 PEACHTREE STREET NE SUITE 500 ATLANTA GA 30303 1 EVP and CFO Common Stock 2014-09-14 4 M 0 36845 0 A 113405 D Common Stock 2014-09-14 4 D 0 36845 12.91 D 76560 D Phantom Stock 2014-09-14 4 M 0 36845 0 D 2014-09-14 2014-09-14 Common Stock 36845 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 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. 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. Includes 35,210 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. /s/ Gregg D. Adzema 2014-09-15