Connolly Michael Colin - Jan 31, 2022 Form 4 Insider Report for COUSINS PROPERTIES INC (CUZ)

Role
President & CEO
Signature
/s /Pamela Roper, Attorney-in-Fact for Connolly Michael Colin
Stock symbol
CUZ
Transactions as of
Jan 31, 2022
Transactions value $
-$134,278
Form type
4
Date filed
2/2/2022, 05:46 PM
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUZ Common Stock Award $0 +35.3K +37.96% $0.00 128K Jan 31, 2022 Direct F1, F2, F3
transaction CUZ Common Stock Tax liability -$134K -3.48K -2.71% $38.63 125K Feb 1, 2022 Direct F3, F4, F5
* 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 5,611 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2009 Incentive Stock Plan and 83,568 of restricted stock awarded under the 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 On June 14, 2019, Cousins Properties Incorporated effected a one-for-four reverse stock split. All outstanding amounts reported herein have been adjusted to reflect post reverse stock split holdings.
F4 Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the Cousins Properties Incorporated (CPI) 2009 Incentive Stock Plan and 2019 Omnibus Incentive Stock Plan.
F5 Includes 5,611 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2009 Incentive Stock Plan and 72,304 of restricted stock awarded under the 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.