David H. Hoster II - Jun 3, 2022 Form 4 Insider Report for EASTGROUP PROPERTIES INC (EGP)

Role
Director
Signature
/s/Whitney Denham, Attorney-in-Fact for David H. Hoster II
Stock symbol
EGP
Transactions as of
Jun 3, 2022
Transactions value $
$0
Form type
4
Date filed
6/7/2022, 04:30 PM
Previous filing
Jun 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGP Common Stock Award $0 +696 +0.72% $0.00 97.7K Jun 3, 2022 Direct F1
holding EGP Common Stock 71.4K Jun 3, 2022 By Irrevocable Trust F2
holding EGP Common Stock 36K Jun 3, 2022 By Family Trust F3
holding EGP Common Stock 2.43K Jun 3, 2022 Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual equity retainer award of restricted shares of common stock granted in accordance with the Independent Director Compensation Policy adopted pursuant to the EastGroup Properties, Inc. 2013 Equity Incentive Plan. These restricted shares vest one hundred percent (100%) on the earlier of the one-year anniversary of the date of grant or the date of the Issuer's next annual meeting of stockholders following the date of grant.
F2 These shares are held in an irrevocable trust of which the Reporting Person is the trustee and beneficiary.
F3 These shares are held in a family trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4 The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.