Mark F. Mulhern - Nov 11, 2021 Form 4 Insider Report for HIGHWOODS PROPERTIES, INC. (HIW)

Role: EVP/CFO
Signature: /s/Jeffrey D. Miller Attorney in fact for Mark F. Mulhern
Stock symbol: HIW
Transactions as of: Nov 11, 2021
Transactions value $: -$57,508
Form type: 4
Date filed: 11/12/2021, 03:15 PM
Previous filing: Aug 13, 2021
Next filing: May 17, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HIW	Common Stock	Options Exercise	$704K	+16.2K	+13.73%	$43.55	134K	Nov 11, 2021	Direct
transaction	HIW	Common Stock	Sale	-$761K	-16.2K	-12.07%	$47.11	118K	Nov 11, 2021	Direct	F1

Showing 1 to 2 of 2 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HIW	Employee Stock Option (right to buy)	Options Exercise	$0	-16.2K	-100%	$0.00^*	0	Nov 11, 2021	Common Stock	16.2K	$43.55	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the weighted average sale price. Sale prices range from $47.07 - $47.16
F2	Options vest ratably over four years on March 1st of each year after the grant date.