-----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, S/YaiJMYSCeu/c98JwVKz7fX/trgzR2zSFDJNp17J59kSaQE5g+mLzAw0BQO6jeg nv94E5EMBUB0YSpVmLgrMA== 0001231793-03-000002.txt : 20031216 0001231793-03-000002.hdr.sgml : 20031216 20031216170959 ACCESSION NUMBER: 0001231793-03-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031212 FILED AS OF DATE: 20031216 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: 031057989 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 primary_doc.xml PRIMARY DOCUMENT X0201 4 2003-12-12 0 0000025232 COUSINS PROPERTIES INC CUZ 0001231793 JONES CRAIG B 2500 WINDY RIDGE PARKWAY SUITE 1600 ATLANTA GA 30339 0 1 0 0 Senior Vice President Common Stock 2003-12-12 4 M 0 19334 9.7754 A 34034 D Common Stock 2003-12-12 4 S 0 2334 30.0863 D 31700 D Common Stock 2003-12-12 4 S 0 2900 30.0886 D 28800 D Common Stock 2003-12-12 4 S 0 100 30.0985 D 28700 D Common Stock 2003-12-12 4 S 0 4000 30.0886 D 24700 D Common Stock 2003-12-12 4 S 0 1800 30.1186 D 22900 D Common Stock 2003-12-12 4 S 0 200 30.1386 D 22700 D Common Stock 2003-12-12 4 S 0 2000 30.1186 D 20700 D Common Stock 2003-12-12 4 S 0 1300 30.1186 D 19400 D Common Stock 2003-12-12 4 S 0 700 30.1286 D 18700 D Common Stock 2003-12-12 4 S 0 4000 30.1186 D 14700 D Common Stock 10736 I See Footnote Common Stock 1509 I See Footnote Performance Shares 22412 D Restricted Stock 7620 D Options-(rights to buy) with tandem tax withholding rights 9.7754 2003-12-12 4 M 0 19334 9.7754 D 2004-11-22 Common Stock 19334 441338 D Represents the shares deemed allocated to the reporting person as beneficiary in the Company's Profit Sharing Plan. Shares held as trustee in a trust for the benefit of the reporting person's children. The change in shares deemed allocated to the reporting person is due to the reinvestment of proceeds of the dividends held in the trust. Award of shares under 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. Award of restricted stock shares 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. These options were granted under various Cousins Properties Incorporated Employee Stock Option Plans between November 22, 1994 and December 10, 2003 at exercisable prices between $9.7754 and $30.20 per share, and will expire between November 22, 2004 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. On September 16, 2003, the number of options beneficially owned and the corresponding exercise prices were adjusted due to the payment of a special dividend. The number of options increased by approximately 7.4% and the exercise price decreased by approximately 6.9%. /s/ Craig B. Jones 2003-12-16 -----END PRIVACY-ENHANCED MESSAGE-----