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<TITLE> EastGroup Properties, Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	March 2, 2017
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	EastGroup Properties, Inc.
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	(Exact name of registrant as specified in its charter)
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	Maryland
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	1-07094
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	13-2711135
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	190 East Capitol Street, Suite 400, Jackson, Mississippi
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	39201
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_________________________________<BR>
	(Address of principal executive offices)
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___________<BR>
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	601-354-3555
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	Not Applicable
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	Former name or former address, if changed since last report
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	&nbsp;
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.</B>
</FONT>

<P align="left" style="font-size: 12pt"><I>Retirement of N. Keith McKey</I>


<P align="left" style="font-size: 12pt">On March&nbsp;3, 2017, EastGroup Properties, Inc. (the &#147;Company&#148;) announced that N. Keith McKey will
retire from his position as Executive Vice President, Chief Financial Officer, Treasurer and
Secretary of the Company effective as of the close of business on July&nbsp;31, 2017.


<P align="left" style="font-size: 12pt"><I>Appointment of Brent W. Wood as Chief Financial Officer</I>


<P align="left" style="font-size: 12pt">On March&nbsp;3, 2017, the Board of Directors (the &#147;Board&#148;) of the Company appointed Brent W. Wood to
the position of Executive Vice President and Chief Financial Officer, effective upon Mr.&nbsp;McKey&#146;s
retirement. Mr.&nbsp;Wood, age 47, has been serving as Senior Vice President and head of the Company&#146;s
regional office in Houston, Texas. Mr.&nbsp;Wood joined the Company in 1996, serving as Assistant
Controller, Senior Asset Manager and more recently Senior Vice President.


<P align="left" style="font-size: 12pt"><I>2016 Executive Compensation Program</I>


<P align="left" style="font-size: 12pt">On March&nbsp;2, 2017, the Compensation Committee of the Board approved the 2016 annual incentive awards
for the Company&#146;s executive officers, which were paid one-half in cash and one-half in equity. The
Compensation Committee measured the Company&#146;s funds from operations (FFO)&nbsp;per share, same property
operating results, certain Company-wide strategic objectives and total shareholder return for 2016
against performance goals established in 2016. Based on this analysis, the following annual cash
incentive compensation and annual equity incentive compensation was awarded.

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    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Annual Equity Incentive</B></TD>
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    <TD nowrap align="center" colspan="3"><B>Annual Cash</B></TD>
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    <TD nowrap align="center" colspan="3"><B>Grant Date Fair</B></TD>
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    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Name</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Incentive</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Value</B></TD>
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    <TD><DIV style="margin-left:10px; text-indent:-10px">Marshall A. Loeb</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">770,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13,846</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">1,035,681</TD>
    <TD>&nbsp;</TD>
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    <TD><DIV style="margin-left:10px; text-indent:-10px">N. Keith McKey</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">481,320</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,655</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">647,394</TD>
    <TD>&nbsp;</TD>
</TR>
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    <TD><DIV style="margin-left:10px; text-indent:-10px">John F. Coleman.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">312,480</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,619</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">420,302</TD>
    <TD>&nbsp;</TD>
</TR>
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    <TD><DIV style="margin-left:10px; text-indent:-10px">Brent W. Wood</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">312,480</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,619</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">420,302</TD>
    <TD>&nbsp;</TD>
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 12pt">Also on March&nbsp;2, 2017, the Compensation Committee approved the 2016 long-term equity incentive
awards for the Company&#146;s executive officers. The Compensation Committee measured the Company&#146;s
relative and absolute performance during 2016 against performance goals established in 2016, which
included the Company&#146;s total return compared to the NAREIT Industrial Index, NAREIT Equity Index
and the Russell 2000 Index over the five-year period ended December&nbsp;31, 2016 and the Company&#146;s
total return on an absolute basis for the year ended December&nbsp;31, 2016. Based on this analysis,
the following long-term equity incentive compensation was awarded.
</FONT>
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    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Long-Term Equity Incentive</B></TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Name</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Grant Date Fair Value</B></TD>
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    <TD><DIV style="margin-left:10px; text-indent:-10px">Marshall A. Loeb</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11,868</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">887,727</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">N. Keith McKey</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7,419</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">554,942</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">John F. Coleman.</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,816</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">360,237</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD><DIV style="margin-left:10px; text-indent:-10px">Brent W. Wood</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,816</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">360,237</TD>
    <TD>&nbsp;</TD>
</TR>
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 12pt"><I>Amendment of 2013 Equity Incentive Plan</I>
</FONT>

<P align="left" style="font-size: 12pt">On March&nbsp;3, 2017, the Board approved an amendment to Section&nbsp;18 of the EastGroup Properties, Inc.
2013 Equity Incentive Plan (the &#147;Plan&#148;) to permit recipients of awards to withhold shares for tax
purposes using rates up to the maximum individual statutory tax rate for each applicable tax
jurisdiction, rather than being limited to the minimum statutory amount. This change reflects new
guidance issued by the Financial Accounting Standards Board (the &#147;FASB&#148;) on March&nbsp;30, 2016 and set
forth in the FASB&#146;s Accounting Standards Update 2016-09, Improvements to Employee Share-Based
Payment Accounting.


<P align="left" style="font-size: 12pt">In addition, the Board approved a corresponding amendment to Section 5(c) of the Plan (stock
subject to the Plan and limits on awards) to address how shares withheld for tax purposes become
available for future grant or sale under the Plan.


<P align="left" style="font-size: 12pt">The foregoing summary description of the above amendments is qualified in its entirety by reference
to the full text of the EastGroup Properties, Inc. 2013 Equity Incentive Plan, as amended, which is
attached as Exhibit&nbsp;10.1 hereto and incorporated herein by reference.


<P align="left" style="font-size: 12pt"><B>ITEM 5.03 Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year.</B>


<P align="left" style="font-size: 12pt">On March&nbsp;3, 2017, the Board adopted amendments to the Company&#146;s Amended and Restated Bylaws (the
&#147;Bylaws&#148;) in connection with its regular review of the Company&#146;s corporate governance structure.
These amendments opt out of certain provisions of the Maryland General Corporation Law (the &#147;MGCL&#148;)
relating to business combinations and control share acquisitions and are intended to further align
the Company&#146;s corporate governance structure with the interests of the Company&#146;s stockholders.


<P align="left" style="font-size: 12pt"><I>Business Combinations</I>


<P align="left" style="font-size: 12pt">Under the MGCL, &#147;business combinations&#148; between a Maryland corporation and an interested
stockholder or the interested stockholder&#146;s affiliate are prohibited for five years after the most
recent date on which the stockholder becomes an interested stockholder. On March&nbsp;3, 2017, the
Board adopted a resolution providing that any business combination between the Company and any
other person was exempted from the business combination provisions contained in Title 3, Subtitle 6
of the MGCL.


<P align="left" style="font-size: 12pt">Pursuant to the amendment to the Bylaws adopted by the Board, the resolution providing the
exemption from the business combination provisions of the MGCL may only be revoked, altered or
amended, and the Board may only adopt a resolution inconsistent with such resolution (including an
amendment to that bylaw provision), with prior stockholder approval.


<P align="left" style="font-size: 12pt"><I>Control Share Acquisitions</I>


<P align="left" style="font-size: 12pt">The Maryland Control Share Acquisition Act provides that control shares of a Maryland corporation
acquired in a control share acquisition have no voting rights except to the extent approved by a
vote of two-thirds of the votes entitled to be cast on the matter. The Bylaws previously contained
a provision exempting an acquisition by a person that is a registered investment advisor under the
Investment Advisors Act of 1940, provided that such shares of stock are acquired in the ordinary
course of business of the acquirer, in good faith and not with the intent to effect or to influence
a change of control in the Company.


<P align="left" style="font-size: 12pt">Pursuant to the amendment to the Bylaws adopted by the Board, any acquisition by any person of
shares of stock of the Company is exempted from the Control Share Acquisition Act and the
applicable Bylaw provision may be amended only with prior stockholder approval.


<P align="left" style="font-size: 12pt">The summary of the amendment to the Bylaws above is qualified in its entirety by the amendment to
the Bylaws filed herewith as Exhibit&nbsp;3.1 to this report and incorporated herein by reference.


<P align="left" style="font-size: 12pt"><B>ITEM 7.01 Regulation&nbsp;FD Disclosure</B>


<P align="left" style="font-size: 12pt">A copy of the Company&#146;s March&nbsp;3, 2017 press release announcing the retirement of Mr.&nbsp;McKey and
appointment of Mr.&nbsp;Wood is attached hereto as Exhibit&nbsp;99.1.


<P align="left" style="font-size: 12pt">The information set forth in Item&nbsp;7.01 together with the related exhibit in Item&nbsp;9.01 of this Form
8-K shall not be deemed &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934,
as amended, and is not incorporated by reference into any filing of the Company, whether made
before or after the date hereof, regardless of any general incorporation language in such filing.


<P align="left" style="font-size: 12pt"><B>ITEM 8.01 Other Events</B>


<P align="left" style="font-size: 12pt">The Company is filing as Exhibit&nbsp;99.2 (which is incorporated by reference herein) a description of
the material U.S. federal income tax considerations relating to the taxation of the Company as a
real estate investment trust for federal income tax purposes and the ownership and disposition of
Company stock. This description contained in Exhibit&nbsp;99.2 replaces and supersedes prior
descriptions of the federal income tax treatment of the Company and its stockholders to the extent
that they are inconsistent with the description contained in this Form 8-K.


<P align="left" style="font-size: 12pt"><B>ITEM 9.01 Financial Statements and Exhibits</B>


<P align="left" style="font-size: 12pt">(d)&nbsp;Exhibits. The following Exhibits are filed herewith as part of this report:


<P>
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    <TD width="1%" nowrap align="right">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Amended and Restated Bylaws of EastGroup Properties, Inc. (as adopted on March&nbsp;3, 2017)</TD>
</TR>

</TABLE>


<P>
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<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>EastGroup Properties, Inc. 2013 Equity Incentive Plan, as amended and restated as of March&nbsp;3,
2017</TD>
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</TABLE>


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<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press Release, dated March&nbsp;3, 2017 regarding CFO transition</TD>
</TR>

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    <TD width="1%" nowrap align="right">99.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Material United States Federal Income Tax Considerations</TD>
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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
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	EastGroup Properties, Inc.
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	March 3, 2017
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	By:
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<I>
	N. Keith McKey
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	Name: N. Keith McKey
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	Title: Executive Vice President, Chief Financial Officer, Treasurer and Secretary
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<FONT SIZE="2">Top of the Form</FONT>
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	Exhibit&nbsp;Index
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	Exhibit No.
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	Description
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	3.1
</DIV>
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Amended and Restated Bylaws of EastGroup Properties, Inc. (as adopted on March 3, 2017)
</FONT>
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	10.1
</DIV>
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EastGroup Properties, Inc. 2013 Equity Incentive Plan, as amended and restated as of March 3, 2017
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	99.1
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Press Release, dated March 3, 2017 regarding CFO transition
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	99.2
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Material United States Federal Income Tax Considerations
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[{"type": "8-K", "sequence": "1", "filename": "htm_54661.htm", "description": "LIVE FILING", "secsgml_size_bytes": 26689}]
{"company-data": {"conformed-name": "EASTGROUP PROPERTIES INC", "cik": "0000049600", "assigned-sic": "6798", "irs-number": "132711135", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-07094", "film-number": "17664876"}, "business-address": {"street1": "P O BOX 22728", "city": "JACKSON", "state": "MS", "zip": "39202", "phone": "6013543555"}, "mail-address": {"street1": "P O BOX 22728", "city": "JACKSON", "state": "MS", "zip": "39202"}, "former-company": [{"former-conformed-name": "EASTGROUP PROPERTIES II INC", "date-changed": "19970529"}, {"former-conformed-name": "ICM REALTY", "date-changed": "19830719"}]}
EastGroup Properties, Inc. (Form: 8-K)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
March 2, 2017
EastGroup Properties, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Maryland
1-07094
13-2711135
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
190 East Capitol Street, Suite 400, Jackson, Mississippi
39201
_________________________________
(Address of principal executive offices)
___________
(Zip Code)
Registrant's telephone number, including area code:
601-354-3555
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Top of the Form
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
Retirement of N. Keith McKey
On March 3, 2017, EastGroup Properties, Inc. (the "Company") announced that N. Keith McKey will
retire from his position as Executive Vice President, Chief Financial Officer, Treasurer and
Secretary of the Company effective as of the close of business on July 31, 2017.
Appointment of Brent W. Wood as Chief Financial Officer
On March 3, 2017, the Board of Directors (the "Board") of the Company appointed Brent W. Wood to
the position of Executive Vice President and Chief Financial Officer, effective upon Mr. McKey's
retirement. Mr. Wood, age 47, has been serving as Senior Vice President and head of the Company's
regional office in Houston, Texas. Mr. Wood joined the Company in 1996, serving as Assistant
Controller, Senior Asset Manager and more recently Senior Vice President.
2016 Executive Compensation Program
On March 2, 2017, the Compensation Committee of the Board approved the 2016 annual incentive awards
for the Company's executive officers, which were paid one-half in cash and one-half in equity. The
Compensation Committee measured the Company's funds from operations (FFO) per share, same property
operating results, certain Company-wide strategic objectives and total shareholder return for 2016
against performance goals established in 2016. Based on this analysis, the following annual cash
incentive compensation and annual equity incentive compensation was awarded.
Annual Equity Incentive
Annual Cash
Grant Date Fair
Name
Incentive
Shares
Value
Marshall A. Loeb
$
770,000
13,846
$
1,035,681
N. Keith McKey
$
481,320
8,655
$
647,394
John F. Coleman.
$
312,480
5,619
$
420,302
Brent W. Wood
$
312,480
5,619
$
420,302
Also on March 2, 2017, the Compensation Committee approved the 2016 long-term equity incentive
awards for the Company's executive officers. The Compensation Committee measured the Company's
relative and absolute performance during 2016 against performance goals established in 2016, which
included the Company's total return compared to the NAREIT Industrial Index, NAREIT Equity Index
and the Russell 2000 Index over the five-year period ended December 31, 2016 and the Company's
total return on an absolute basis for the year ended December 31, 2016. Based on this analysis,
the following long-term equity incentive compensation was awarded.
Long-Term Equity Incentive
Name
Shares
Grant Date Fair Value
Marshall A. Loeb
11,868
$
887,727
N. Keith McKey
7,419
$
554,942
John F. Coleman.
4,816
$
360,237
Brent W. Wood
4,816
$
360,237
Amendment of 2013 Equity Incentive Plan
On March 3, 2017, the Board approved an amendment to Section 18 of the EastGroup Properties, Inc.
2013 Equity Incentive Plan (the "Plan") to permit recipients of awards to withhold shares for tax
purposes using rates up to the maximum individual statutory tax rate for each applicable tax
jurisdiction, rather than being limited to the minimum statutory amount. This change reflects new
guidance issued by the Financial Accounting Standards Board (the "FASB") on March 30, 2016 and set
forth in the FASB's Accounting Standards Update 2016-09, Improvements to Employee Share-Based
Payment Accounting.
In addition, the Board approved a corresponding amendment to Section 5(c) of the Plan (stock
subject to the Plan and limits on awards) to address how shares withheld for tax purposes become
available for future grant or sale under the Plan.
The foregoing summary description of the above amendments is qualified in its entirety by reference
to the full text of the EastGroup Properties, Inc. 2013 Equity Incentive Plan, as amended, which is
attached as Exhibit 10.1 hereto and incorporated herein by reference.
ITEM 5.03 Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year.
On March 3, 2017, the Board adopted amendments to the Company's Amended and Restated Bylaws (the
"Bylaws") in connection with its regular review of the Company's corporate governance structure.
These amendments opt out of certain provisions of the Maryland General Corporation Law (the "MGCL")
relating to business combinations and control share acquisitions and are intended to further align
the Company's corporate governance structure with the interests of the Company's stockholders.
Business Combinations
Under the MGCL, "business combinations" between a Maryland corporation and an interested
stockholder or the interested stockholder's affiliate are prohibited for five years after the most
recent date on which the stockholder becomes an interested stockholder. On March 3, 2017, the
Board adopted a resolution providing that any business combination between the Company and any
other person was exempted from the business combination provisions contained in Title 3, Subtitle 6
of the MGCL.
Pursuant to the amendment to the Bylaws adopted by the Board, the resolution providing the
exemption from the business combination provisions of the MGCL may only be revoked, altered or
amended, and the Board may only adopt a resolution inconsistent with such resolution (including an
amendment to that bylaw provision), with prior stockholder approval.
Control Share Acquisitions
The Maryland Control Share Acquisition Act provides that control shares of a Maryland corporation
acquired in a control share acquisition have no voting rights except to the extent approved by a
vote of two-thirds of the votes entitled to be cast on the matter. The Bylaws previously contained
a provision exempting an acquisition by a person that is a registered investment advisor under the
Investment Advisors Act of 1940, provided that such shares of stock are acquired in the ordinary
course of business of the acquirer, in good faith and not with the intent to effect or to influence
a change of control in the Company.
Pursuant to the amendment to the Bylaws adopted by the Board, any acquisition by any person of
shares of stock of the Company is exempted from the Control Share Acquisition Act and the
applicable Bylaw provision may be amended only with prior stockholder approval.
The summary of the amendment to the Bylaws above is qualified in its entirety by the amendment to
the Bylaws filed herewith as Exhibit 3.1 to this report and incorporated herein by reference.
ITEM 7.01 Regulation FD Disclosure
A copy of the Company's March 3, 2017 press release announcing the retirement of Mr. McKey and
appointment of Mr. Wood is attached hereto as Exhibit 99.1.
The information set forth in Item 7.01 together with the related exhibit in Item 9.01 of this Form
8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, and is not incorporated by reference into any filing of the Company, whether made
before or after the date hereof, regardless of any general incorporation language in such filing.
ITEM 8.01 Other Events
The Company is filing as Exhibit 99.2 (which is incorporated by reference herein) a description of
the material U.S. federal income tax considerations relating to the taxation of the Company as a
real estate investment trust for federal income tax purposes and the ownership and disposition of
Company stock. This description contained in Exhibit 99.2 replaces and supersedes prior
descriptions of the federal income tax treatment of the Company and its stockholders to the extent
that they are inconsistent with the description contained in this Form 8-K.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits. The following Exhibits are filed herewith as part of this report:
3.1
Amended and Restated Bylaws of EastGroup Properties, Inc. (as adopted on March 3, 2017)
10.1
EastGroup Properties, Inc. 2013 Equity Incentive Plan, as amended and restated as of March 3,
2017
99.1
Press Release, dated March 3, 2017 regarding CFO transition
99.2
Material United States Federal Income Tax Considerations
Top of the Form
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
EastGroup Properties, Inc.
March 3, 2017
By:
N. Keith McKey
Name: N. Keith McKey
Title: Executive Vice President, Chief Financial Officer, Treasurer and Secretary
Top of the Form
Exhibit Index
Exhibit No.
Description
3.1
Amended and Restated Bylaws of EastGroup Properties, Inc. (as adopted on March 3, 2017)
10.1
EastGroup Properties, Inc. 2013 Equity Incentive Plan, as amended and restated as of March 3, 2017
99.1
Press Release, dated March 3, 2017 regarding CFO transition
99.2
Material United States Federal Income Tax Considerations