Connolly Michael Colin - Feb 16, 2024 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
Feb 16, 2024
Transactions value $
$1,658,744
Form type
4
Date filed
2/21/2024, 04:20 PM
Previous filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUZ Common Stock Tax liability -$221K -9.37K -4.02% $23.61 224K Feb 16, 2024 Direct F1, F2
transaction CUZ Common Stock Award $1.88M +79.6K +35.57% $23.61 303K Feb 16, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes 53,551 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 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.
F4 Includes 133,178 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.