Filing Details

Accession Number:
0001209191-17-017554
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-03 16:27:41
Reporting Period:
2017-03-01
Filing Date:
2017-03-03
Accepted Time:
2017-03-03 16:27:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
921082 Highwoods Properties Inc HIW Real Estate Investment Trusts (6798) 561871668
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1550121 J Theodore Klinck 3100 Smoketree Court, Suite 600
Raleigh NC 27604
Evp/Coo/Cio No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-03-01 12,016 $0.00 64,586 No 4 A Direct
Common Stock Acquisiton 2017-03-01 2,626 $0.00 67,212 No 4 A Direct
Common Stock Disposition 2017-03-01 5,699 $0.00 61,513 No 4 F Direct
Common Stock Acquisiton 2017-03-02 1,800 $36.50 63,313 No 4 M Direct
Common Stock Disposition 2017-03-02 1,800 $52.28 61,513 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2017-03-01 23,036 $0.00 23,036 $52.49
Common Stock Employee Stock Option (right to buy) Disposition 2017-03-02 1,800 $0.00 1,800 $36.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
23,036 2027-02-28 No 4 A Direct
1,084 2020-02-28 No 4 M Direct
Footnotes
  1. Consists of time-based restricted stock that vests ratably over four years on March 1st of each year after the grant date and total return-based restricted stock that vests at the end of the applicable measurement period to the extent actual performance exceeds certain levels of performance.
  2. Represents the number of shares earned under the Company's Long-Term Incentive Plan - Total Shareholder Return Plan because the Company achieved above target levels of performance relative to predetermined goals.
  3. In accordance with the terms of the initial restricted stock award and in connection with the vesting of the award, the reporting person tendered a portion of the restricted stock award to the issuer in satisfaction of tax liabilities.
  4. Represents the weighted average sale price. Sale prices range from $52.25 - $52.32.
  5. Options vest ratably over four years on March 1st of each year after the grant date.