Theodore J. Klinck - Mar 1, 2023 Form 4 Insider Report for HIGHWOODS PROPERTIES, INC. (HIW)

Role
President and CEO, Director
Signature
/s/Jeffrey D. Miller Attorney in fact for Theodore J. Klinck
Stock symbol
HIW
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 03:19 PM
Previous filing
Feb 9, 2023
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIW Common Stock Award $0 +94.6K +36.92% $0.00 351K Mar 1, 2023 Direct F1
transaction HIW Common Stock Tax liability $0 -18.6K -5.31% $0.00 332K Mar 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of time-based restricted stock granted by the Company that vests ratably over four years on March 1st of each year after the grant date and total return-based restricted stock granted by the Company that vests at the end of the applicable measurement period to the extent actual performance exceeds certain levels of performance.
F2 In accordance with the terms of the initial restricted stock award and in connection with the vesting of the award, the reporting person tendered a portion of the restricted stock award to the issuer in satisfaction of tax liabilities.