X0306 4 2013-03-08 0000049600 EASTGROUP PROPERTIES INC EGP 0001225594 MCKEY N KEITH 190 EAST CAPITOL STREET JACKSON MS 39201 0 1 0 0 Executive Vice President & CFO Common Stock 2013-03-08 4 A 0 7009 A 129087 D Common Stock 2013-03-08 4 F 0 437 57.23 D 128650 D Common Stock 2013-03-08 4 A 0 10108 A 138758 D Common Stock 2013-03-08 4 F 0 789 57.23 D 137969 D Common Stock 8084 I By IRA Award of restricted shares as 2012 annual long-term incentive compensation pursuant to the Company's 2004 Equity Incentive Plan, as amended. These restricted shares vest one-fifth on the date of grant, one-fifth on each of January 1, 2014, 2015 and 2016 and the remainder of the restricted shares vest April 6, 2016. On March 8, 2013, 1,402 restricted shares vested and the Reporting Person instructed the Company to withhold 437 shares to cover tax withholding obligations as permitted under the Company's 2004 Equity Incentive Plan, as amended. Award of restricted shares as 2012 multi-year long-term incentive compensation pursuant to the Company's 2004 Equity Incentive Plan, as amended. These restricted shares vest one-fourth on the date of grant, and one-fourth on each of January 1, 2014, 2015 and 2016. On March 8, 2013, 2,527 restricted shares vested and the Reporting Person instructed the Company to withhold 789 shares to cover tax withholding obligations as permitted under the Company's 2004 Equity Incentive Plan, as amended. As of the date hereof, the Reporting Person's direct beneficial ownership includes 36,783 restricted shares granted under the Company's 2004 Equity Incentive Plan, as amended, that have not yet vested. Includes an additional 79 shares acquired under the Company's Dividend Reinvestment Plan. Michael C. Donlon, Attorney-in-Fact for N. Keith McKey 2013-03-11