Jeffrey D. Symes - 31 Jan 2022 Form 4 Insider Report for COUSINS PROPERTIES INC (CUZ)

Signature
/s /Pamela Roper, Attorney-in-Fact for Symes Jeffrey
Issuer symbol
CUZ
Transactions as of
31 Jan 2022
Net transactions value
-$11,203
Form type
4
Filing time
02 Feb 2022, 17:46:12 UTC
Next filing
07 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUZ Common Stock Award $0 +2,593 +64% $0.000000 6,629 31 Jan 2022 Direct F1, F2
transaction CUZ Common Stock Tax liability $11,203 -290 -4.4% $38.63 6,339 01 Feb 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock shares under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. These shares will vest equally over three years on each anniversary date of the grant. CPI will hold these shares until such shares become vested. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
F2 Includes 6,244 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
F3 Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 2019 Omnibus Incentive Stock Plan.
F4 Includes 5,425 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.