Company: EGP
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001140361-25-044550
Chunk: 23

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-12-05
Form: 424B5
Chunk 23
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 Forward Contract minus (b) the applicable forward sale price; multiplied by (2) the number of shares of our common stock underlying that particular Forward Contract subject to such net share settlement. If this settlement amount is a negative number, the relevant Forward Purchaser will pay us the absolute value of that amount (in the case of cash settlement) or deliver to us a number of shares of our common stock having a value equal to the absolute value of such amount (in the event of net share settlement). If this settlement amount is a positive number, we will pay the relevant Forward Purchaser that amount (in the case of cash settlement) or deliver to the relevant Forward Purchaser a number of shares of our common stock having a value equal to such amount (in the event of net share settlement). In connection with any cash settlement or net share settlement, we would expect the relevant Forward Purchaser or its agent or affiliate to purchase shares of our common stock in secondary market transactions for delivery to third-party stock lenders in order to close out its, or its agent’s or affiliate’s, hedge position in respect of that particular Forward Contract. The purchase of shares of our common stock in connection with the relevant Forward Purchaser or its agent or affiliate unwinding its hedge positions could cause the price of our common stock to increase over time (or prevent a decrease over time), thereby increasing the amount of cash we owe to the relevant Forward Purchaser (or decreasing the amount of cash that the relevant Forward Purchaser owes us) upon cash settlement or increasing the number of shares of our common stock that we are obligated to deliver to the relevant Forward Purchaser (or decreasing the number of shares of our common stock that the relevant Forward Purchaser is obligated to deliver to us) upon net share settlement of the particular Forward Contract. See “Risk Factors - Risks Related to Forward Contracts.”

A Forward Purchaser will have the right to accelerate the particular Forward Contract (with respect to all or any portion of the transaction under the particular Forward Contract that the relevant Forward Purchaser determines is affected by such event) and require us to physically settle on a date specified by the relevant Forward Purchaser if (1) the relevant Forward Purchaser is unable to establish, maintain or unwind its hedge position with respect to the particular Forward Contract; (2) the relevant Forward Purchaser determines that it is unable after using commercially reasonable efforts, to continue to borrow a number of shares of our common stock equal to the number of shares of our common stock underlying the particular Forward Contract or that