0000049600-21-000029.txt : 20210219
0000049600-21-000029.hdr.sgml : 20210219
20210219170052
ACCESSION NUMBER: 0000049600-21-000029
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210217
FILED AS OF DATE: 20210219
DATE AS OF CHANGE: 20210219
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LOEB MARSHALL A
CENTRAL INDEX KEY: 0001199669
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07094
FILM NUMBER: 21656893
MAIL ADDRESS:
STREET 1: C/O EASTGROUP PROPERTIES, INC.
STREET 2: 190 EAST CAPITOL STREET
CITY: JACKSON
STATE: MS
ZIP: 39201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EASTGROUP PROPERTIES INC
CENTRAL INDEX KEY: 0000049600
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 132711135
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 400 W. PARKWAY PLACE
STREET 2: SUITE 100
CITY: RIDGELAND
STATE: MS
ZIP: 39157
BUSINESS PHONE: 6013543555
MAIL ADDRESS:
STREET 1: 400 W. PARKWAY PLACE
STREET 2: SUITE 100
CITY: RIDGELAND
STATE: MS
ZIP: 39157
FORMER COMPANY:
FORMER CONFORMED NAME: EASTGROUP PROPERTIES II INC
DATE OF NAME CHANGE: 19970529
FORMER COMPANY:
FORMER CONFORMED NAME: ICM REALTY
DATE OF NAME CHANGE: 19830719
4
1
wf-form4_161377201381114.xml
FORM 4
X0306
4
2021-02-17
0
0000049600
EASTGROUP PROPERTIES INC
EGP
0001199669
LOEB MARSHALL A
400 W. PARKWAY PLACE
SUITE 100
RIDGELAND
MS
39157
1
1
0
0
President and CEO
Common Stock
2021-02-17
4
A
0
13514
0
A
90891
D
Common Stock
2021-02-17
4
A
0
9602
0
A
100493
D
Common Stock
2021-02-17
4
F
0
6319
142.89
D
94174
D
Common Stock
578
I
Loeb Family Foundation
Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2018 long-term incentive program. These restricted shares were awarded pursuant to the Issuer's 2013 Equity Incentive Plan, as amended, and vest three-fourths on the performance goal certification date (February 17, 2021) and one-fourth on January 1, 2022.
Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2020 annual incentive program. These restricted shares were awarded pursuant to the Issuer's 2013 Equity Incentive Plan, as amended, and vest one-third on the performance goal certification date (February 17, 2021) and one-third on each of January 1, 2022 and 2023.
On February 17, 2021, 14,248 restricted shares vested and the Reporting Person instructed the Issuer to withhold 6,319 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended.
Shares are held by the Loeb Family Foundation. Neither Marshall Loeb nor any member of his family has any pecuniary interest in the shares held by the Loeb Family Foundation.
/s/ Whitney Denham, Attorney-in-Fact for Marshall A. Loeb
2021-02-19