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