-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kq9z+BmZEyDFzYVWvE5KLDVJiOt3rwPNxscx7tqfj4EjFNWOopKNj8a4zdaaJvmR vWBvECCHWaHJgX3u1aoIIw== 0001231792-04-000015.txt : 20040707 0001231792-04-000015.hdr.sgml : 20040707 20040707123605 ACCESSION NUMBER: 0001231792-04-000015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040706 FILED AS OF DATE: 20040707 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHARLESWORTH TOM G CENTRAL INDEX KEY: 0001231789 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11312 FILM NUMBER: 04903854 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: 2500 WINDY RIDGE PKWY STE 1600 CITY: ATLANTA STATE: GA ZIP: 30339-5683 BUSINESS PHONE: 7709552200 MAIL ADDRESS: STREET 1: 2500 WINDY RIDGE PARKWAY STREET 2: SUITE 1600 CITY: ATLANTA STATE: GA ZIP: 30339-5683 4 1 c0001231789d20040707f4f.xml PRIMARY DOCUMENT X0202 4 2004-07-06 0 0000025232 COUSINS PROPERTIES INC CUZ 0001231789 CHARLESWORTH TOM G 2500 WINDY RIDGE PARKWAY SUITE 1600 ATLANTA GA 30339 0 1 0 0 Executive Vice President Common Stock 2004-07-06 4 M 0 23361 11.1719 A 136278 D Common Stock 2004-07-06 4 F 0 12757 33.67 D 123521 D Common Stock 10396 I See Footnote 3 Common Stock 2760 I See Footnote 4 Stock Options (Right to buy) 11.1719 2004-07-06 4 M 0 23361 0 D 1999-11-21 2005-11-21 Common Stock 23361 381557 D Includes 18,652 shares awarded under the Cousins Properties Incorporated 1999 Incentive Stock Plan. The shares will be paid in any event if the employee is employed approximately six years from the grant date. Such shares may be awarded earlier as follows: (i) In three years if Funds from Operations Per Shares ("FFOPS") has grown 15% per annum; (ii) In four years if FFOPS has grown by 14% per annum; and (iii) In five years if FFOPS has grown 13% per annum. Includes 7,428 shares of restricted stock awarded under the Cousins Properties Incorporated (CPI) 1999 Incentive Stock Plan. These shares will vest 25% per year on each anniversary date of the grant, and CPI will hold these shares until such shares become vested. 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. In payment of the exercise price, the reporting person delivered 7,751 shares. 5,006 shares were withheld by the Company to pay the reporting person's tax liability as provided under the Plan. Represents the shares deemed allocated to the reporting person as beneficiary in the Company's Profit Sharing Plan. Shares held by the reporting person as custodian for his financially dependent children under the Uniform Gifts to Minors Act. Reporting person disclaims beneficial ownership of all securities held by his children. These options were granted under various Cousins Properties Incorporated Employee Stock Option Plans between November 21, 1995 and December 10, 2003 at exercisable prices between $11.1719 and $30.20 per share, and will expire between November 21, 2005 and December 10, 2013. For options granted prior to December 28, 2000, 20% of the options become exercisable each year on the anniversary of the grant date, with the shares being 100% vested in year 5 of the grant term. For options granted on or after December 28, 2000, 25% of the options become exercisable each year on the anniversary of the grant date, with shares being 100% vested in year 4 of the grant term. The Plan under which these options were granted complies with Rule 16b-3 and provides for tax withholding. Tom G. Charlesworth 2004-07-07 -----END PRIVACY-ENHANCED MESSAGE-----