Company: EGP
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000049600-25-000055
Chunk: 51

Company: EASTGROUP PROPERTIES INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 51
---
 |
| Plus (or Minus), Change in Fair Value (from Prior Year-End) of Prior Year Awards that Vested this Year |     |     89,071 |         |     |    16,171 |               |
| Minus, Prior Year-End Fair Value of Prior Year Awards that Failed to Vest this Year                    |     |          — |         |     |         — |               |
| Total Adjustments                                                                                      |     |  1,023,449 |         |     |   273,677 |               |
| Compensation Actually Paid for Fiscal Year 2020                                                        |     |  5,689,719 |         |     | 1,892,120 |               |

(4) For all years presented, the non-PEO Named Executive Officers include: Brent W. Wood, Executive Vice President, Chief Financial Officer and Treasurer; John F. Coleman, Executive Vice President; R. Reid Dunbar, Executive Vice President; and Ryan M. Collins, Executive Vice President.

(5) Value assumes $100 invested on December 31, 2019.

(6) For the relevant fiscal year, represents the cumulative TSR of the Peer Group, defined as the FTSE Nareit Equity REITs Index, a published industry index.

(7) Represents net income computed in accordance with GAAP.

(8) The Company selected FFO per diluted shareas its Company-Selected Financial Measure. FFO is a commonly used operating performance measure of REITs used to evaluate the performance of the Company's investments in real estate assets and its operating results and is defined by Nareit. FFO is not computed in accordance with GAAP. A reconciliation of FFO and other required disclosure can be found on page 24 of our Annual Report on Form 10-K for the year ended December 31, 2024, which we filed with the SEC on February 12, 2025.

### Financial Performance Measures
As described in greater detail in “Compensation Discussion and Analysis” section of this Proxy Statement, our executive compensation program is intended to motivate our executives to achieve short-term and long-term objectives and build sustainable long-term value for our Company. We believe the Compensation Committee’s emphasis on pay-for-performance in the design of its executive compensation programs aligns the interests of shareholders and management. The Compensation Actually Paid in each of the five years reported above and over the five-year cumulative period is reflective of the Company’s level of achievement for a variety of pre