UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Phantom Stock (2) | 12/09/2006(2) | 12/09/2009 | Common Stock | 662 | $ 0 | D | Â |
Phantom Stock (2) | 12/11/2007(2) | 12/11/2010 | Common Stock | 1,538 | $ 0 | D | Â |
Phantom Stock (2) | 12/11/2008(3) | 12/11/2011 | Common Stock | 1,353 | $ 0 | D | Â |
Stock Options (Right to Buy) (3) | 11/19/2003 | 11/19/2012 | Common Stock | 2,946 | $ 16.44 | D | Â |
Stock Options (Right to Buy) (3) | 12/10/2004 | 12/10/2013 | Common Stock | 14,464 | $ 22.49 | D | Â |
Stock Options (Right to Buy) (3) | 12/08/2005 | 12/08/2014 | Common Stock | 19,775 | $ 28.44 | D | Â |
Stock Options (Right to Buy) (3) | 12/09/2006 | 12/09/2015 | Common Stock | 13,397 | $ 26.11 | D | Â |
Stock Options (Right to Buy) (3) | 12/11/2007 | 12/11/2016 | Common Stock | 14,184 | $ 36 | D | Â |
Stock Options (Right to Buy) (3) | 12/06/2008 | 12/06/2017 | Common Stock | 15,708 | $ 24.27 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Yenser Steven V 191 PEACHTREE STREET NE SUITE 3600 ATLANTA, GA 30303 |
 |  |  EVP |  |
/s/ Steven V. Yenser | 01/08/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan. |
(2) | Award of restricted stock units under the 2005 RSU Plan. Each unit represents a right to receive a payment in cash equal to the fair market value of one share of CPI's common stock as of the date payment is due under the plan. These units will vest 25% per year on each anniversary date of the grant, with units being 100% vested in year 4 of the grant term. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends but will not have shareholder rights. All unvested shares will forfeit upon termination of employment. The Exercisable Date reported is the first anniversary date of the grant when the first traunch of shares vests. |
(3) | Stock Options were granted under the Cousins Properties Incorporated 1999 Incentive Stock Plan. The options vest 25% per year on the anniversary date of the grant date, with shares being 100% vested in year four of the grant term. The Exercisable Date reported is the first anniversary date of the grant when the first traunch of options vests. |