Staci H. Tyler - 16 Feb 2022 Form 4 Insider Report for EASTGROUP PROPERTIES INC (EGP)

Role
Senior VP, CAO and Secretary
Signature
/s/ Whitney Denham, Attorney-in-Fact for Staci H. Tyler
Issuer symbol
EGP
Transactions as of
16 Feb 2022
Net transactions value
-$44,286
Form type
4
Filing time
18 Feb 2022, 15:40:27 UTC
Previous filing
04 Jan 2022
Next filing
07 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGP Common Stock Award $0 +1,279 +18% $0.000000 8,355 16 Feb 2022 Direct F1
transaction EGP Common Stock Tax liability $44,286 -232 -2.8% $190.89 8,123 16 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issuance of restricted shares upon the satisfaction of the performance goals in connection with the 2021 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 16, 2022) and one-third on each of January 1, 2023 and 2024.
F2 On February 16, 2022, 521 restricted shares vested and the Reporting Person instructed the Issuer to withhold 232 shares to cover tax withholding obligations as permitted under the Issuer's 2013 Equity Incentive Plan, as amended.