0000049600-20-000084.txt : 20200601 0000049600-20-000084.hdr.sgml : 20200601 20200601173008 ACCESSION NUMBER: 0000049600-20-000084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200529 FILED AS OF DATE: 20200601 DATE AS OF CHANGE: 20200601 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BAILEY H C JR CENTRAL INDEX KEY: 0001225591 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07094 FILM NUMBER: 20934853 MAIL ADDRESS: STREET 1: 1052 HIGHLAND COLONY PARKWAY STREET 2: STE 202 CITY: RIDGELAND STATE: MS ZIP: 39157 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EASTGROUP PROPERTIES INC CENTRAL INDEX KEY: 0000049600 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 132711135 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 W. PARKWAY PLACE STREET 2: SUITE 100 CITY: RIDGELAND STATE: MS ZIP: 39157 BUSINESS PHONE: 6013543555 MAIL ADDRESS: STREET 1: 400 W. PARKWAY PLACE STREET 2: SUITE 100 CITY: RIDGELAND STATE: MS ZIP: 39157 FORMER COMPANY: FORMER CONFORMED NAME: EASTGROUP PROPERTIES II INC DATE OF NAME CHANGE: 19970529 FORMER COMPANY: FORMER CONFORMED NAME: ICM REALTY DATE OF NAME CHANGE: 19830719 4 1 wf-form4_159104699105741.xml FORM 4 X0306 4 2020-05-29 0 0000049600 EASTGROUP PROPERTIES INC EGP 0001225591 BAILEY H C JR 1022 HIGHLAND COLONY PARKWAY SUITE 300 RIDGELAND MS 39157 1 0 0 0 Common Stock 2020-05-29 4 A 0 932 0 A 4332 D Common Stock 2020-06-01 4 S 0 500 117.08 D 3832 D Reflects shares of common stock granted under the Issuer's 2013 Equity Incentive Plan, as amended, in respect of the annual equity retainer due to the Reporting Person for the Reporting Person's service as an independent director, in accordance with the Issuer's Independent Director Compensation Policy. Exhibit List: Exhibit 24 - Power of Attorney /s/ H.C. Bailey, Jr. 2020-06-01 EX-24 2 exhibit24_bailey.htm EXHIBIT 24 - POWER OF ATTORNEY

Exhibit 24
POWER OF ATTORNEY
       Know all by these presents, that the undersigned hereby revokes all previous Powers of Attorney executed by the undersigned with respect to the matters set forth below, and hereby constitutes and appoints each of Brent Wood, Staci Tyler, Michelle Rayner and Whitney Denham, signing singly the undersigned's true and lawful attorney-in-fact to:
          1. Prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section16(a) of the Securities Exchange Act of 1934 (the "Exchange Act") or any rule or regulation of the SEC;
          2. Execute for and on behalf of the undersigned, in the undersigned's capacity as an officer of EastGroup Properties, Inc., a Maryland corporation (the "Company"), Forms3, 4, and 5 in accordance with Section16(a) of the Exchange Act and the rules thereunder;
          3. Do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and
          4. Take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.
       The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section16 of the Exchange Act.
       This Power of Attorney shall be automatically revoked with respect to any and all of the foregoing attorneys-in-fact, with no further action required by the undersigned or the Company, in the event that such attorney-in-fact ceases to be an officer of the Company, but shall otherwise remain in full force and effect until the undersigned is no longer required to file Forms3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
       IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 29th day of May, 2020.
Signature:    /s/ H.C. Bailey, Jr.
Print Name:    H.C. Bailey, Jr.