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Highwoods Properties, Inc., et al. – ‘10-K’ for 12/31/23 – ‘EX-97’

On:  Tuesday, 2/6/24, at 4:05pm ET   ·   For:  12/31/23   ·   Accession #:  921082-24-6   ·   File #s:  0-21731, 1-13100

Previous ‘10-K’:  ‘10-K’ on 2/7/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   21 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/06/24  Highwoods Properties, Inc.        10-K       12/31/23   82:20M
          Highwoods Realty Ltd. Partnership

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   4.30M 
 2: EX-19       Report Furnished to Security Holders                HTML     47K 
 3: EX-21       Subsidiaries List                                   HTML     23K 
 4: EX-23.1     Consent of Expert or Counsel                        HTML     22K 
 5: EX-23.2     Consent of Expert or Counsel                        HTML     22K 
14: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     23K 
                Awarded Compensation                                             
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     26K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     26K 
 8: EX-31.3     Certification -- §302 - SOA'02                      HTML     26K 
 9: EX-31.4     Certification -- §302 - SOA'02                      HTML     26K 
10: EX-32.1     Certification -- §906 - SOA'02                      HTML     23K 
11: EX-32.2     Certification -- §906 - SOA'02                      HTML     22K 
12: EX-32.3     Certification -- §906 - SOA'02                      HTML     23K 
13: EX-32.4     Certification -- §906 - SOA'02                      HTML     23K 
20: R1          Cover Page                                          HTML     98K 
21: R2          Audit Information                                   HTML     29K 
22: R3          Consolidated Balance Sheets                         HTML    157K 
23: R4          Consolidated Balance Sheets (Parentheticals)        HTML     72K 
24: R5          Consolidated Statements of Income                   HTML    125K 
25: R6          Consolidated Statements of Comprehensive Income     HTML     65K 
26: R7          Consolidated Statements of Equity                   HTML    167K 
27: R8          Consolidated Statements of Equity (Parentheticals)  HTML     32K 
28: R9          Consolidated Statements of Cash Flows               HTML    251K 
29: R10         Description of Business and Significant Accounting  HTML     66K 
                Policies                                                         
30: R11         Leases                                              HTML     41K 
31: R12         Real Estate Assets                                  HTML     50K 
32: R13         Investments In and Advances To Affiliates           HTML     71K 
33: R14         Intangible Assets and Below Market Leaes            HTML     65K 
                Liabilities                                                      
34: R15         Mortgages and Notes Payable                         HTML     83K 
35: R16         Commitments and Contingencies                       HTML     29K 
36: R17         Noncontrolling Interests                            HTML     46K 
37: R18         Disclosure About Fair Value of Financial            HTML     73K 
                Instruments                                                      
38: R19         Equity                                              HTML     69K 
39: R20         Employee Benefit Plans                              HTML    107K 
40: R21         Earnings Per Share and Per Unit                     HTML     96K 
41: R22         Income Taxes                                        HTML     29K 
42: R23         Segment Information                                 HTML     92K 
43: R24         Subsequent Events                                   HTML     26K 
44: R25         Schedule III                                        HTML    955K 
45: R26         Description of Business and Significant Accounting  HTML    101K 
                Policies (Policies)                                              
46: R27         Leases (Tables)                                     HTML     38K 
47: R28         Real Estate Assets (Tables)                         HTML     41K 
48: R29         Investments In and Advances To Affiliates (Tables)  HTML     32K 
49: R30         Variable Interest Entities (Tables)                 HTML     41K 
50: R31         Intangible Assets and Below Market Lease            HTML     69K 
                Liabilities (Tables)                                             
51: R32         Mortgages and Notes Payable (Tables)                HTML     69K 
52: R33         Noncontrolling Interests (Tables)                   HTML     47K 
53: R34         Disclosure About Fair Value of Financial            HTML     66K 
                Instruments (Tables)                                             
54: R35         Equity (Tables)                                     HTML     75K 
55: R36         Employee Benefit Plans (Tables)                     HTML    112K 
56: R37         Earnings Per Share and Per Unit (Tables)            HTML    100K 
57: R38         Segment Information (Tables)                        HTML     88K 
58: R39         Description of Business and Significant Accounting  HTML     92K 
                Policies (Details)                                               
59: R40         Leases ASC 842 (Details)                            HTML    100K 
60: R41         Real Estate Asset Acquisition (Details)             HTML     40K 
61: R42         Real Estate Assets (Details)                        HTML    111K 
62: R43         Investments In and Advances To Affiliates           HTML    148K 
                (Details)                                                        
63: R44         Variable Interest Entities (Details)                HTML     72K 
64: R45         Intangible Assets and Below Market Lease            HTML     53K 
                Liabilities (Details)                                            
65: R46         Intangible Assets and Below Market Lease            HTML     75K 
                Liabilities - Scheduled Future Amortization                      
                (Details)                                                        
66: R47         Mortgages and Notes Payable (Details)               HTML    238K 
67: R48         Commitments and Contingencies (Details)             HTML     31K 
68: R49         Noncontrolling Interests (Details)                  HTML     67K 
69: R50         Disclosure About Fair Value of Financial            HTML     52K 
                Instruments - Fair Value, Assets and Liabilities                 
                Measured on Recurring and Nonrecurring Basis                     
                (Details)                                                        
70: R51         Fair Value Measures and Disclosures - Fair Value    HTML     35K 
                Measurement Inputs and Valuation Techniques                      
                (Details)                                                        
71: R52         Equity (Details)                                    HTML    100K 
72: R53         Employee Benefit Plans (Details)                    HTML    205K 
73: R54         Earnings Per Share and Per Unit (Details)           HTML    106K 
74: R55         Income Taxes (Details)                              HTML     31K 
75: R56         Segment Information (Details)                       HTML    108K 
76: R57         Subsequent Events (Details)                         HTML     72K 
77: R58         Schedule III (Details)                              HTML   2.43M 
79: XML         IDEA XML File -- Filing Summary                      XML    131K 
82: XML         XBRL Instance -- hiw-20231231_htm                    XML   5.44M 
78: EXCEL       IDEA Workbook of Financial Report Info              XLSX    330K 
16: EX-101.CAL  XBRL Calculations -- hiw-20231231_cal                XML    294K 
17: EX-101.DEF  XBRL Definitions -- hiw-20231231_def                 XML   1.44M 
18: EX-101.LAB  XBRL Labels -- hiw-20231231_lab                      XML   3.23M 
19: EX-101.PRE  XBRL Presentations -- hiw-20231231_pre               XML   1.73M 
15: EX-101.SCH  XBRL Schema -- hiw-20231231                          XSD    385K 
80: JSON        XBRL Instance as JSON Data -- MetaLinks              647±  1.00M 
81: ZIP         XBRL Zipped Folder -- 0000921082-24-000006-xbrl      Zip   1.00M 


‘EX-97’   —   Clawback Policy re: Recovery of Erroneously Awarded Compensation


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:   C: 
  Document  

Exhibit 97

Policy Relating to Recovery of Erroneously Awarded Compensation


The following is excerpted from Section 11 (Incentive Compensation Recoupment Policy) of the Company’s Corporate Governance Guidelines (Effective as of October 18, 2023):

In the event the Company is required to prepare an accounting restatement of its financial statements due to the Company's material noncompliance with any financial reporting requirement under the securities laws, the Board shall review any cash and/or equity incentive compensation that was provided to any current or former executive officer during the three most recently completed calendar years on the basis of the Company having met or exceeded specific performance targets during the period subject to restatement.

If the incentive compensation would have been lower had it been based on the restated financial results, then the Board shall require reimbursement of the portion of such compensation that would not have been earned had the incentive compensation been based on the financial results as restated. For incentive compensation based on stock price or total shareholder return, where the amount of erroneously awarded compensation is not subject to mathematical recalculation directly from the information in an accounting restatement, the amount must be based on a reasonable estimate of the effect of the accounting restatement on the stock price or total shareholder return upon which the incentive compensation was received.

The Board will determine, in its sole discretion, the method for recouping incentive compensation hereunder. The Company shall not indemnify any current or former executive officer against the loss of any incorrectly awarded incentive compensation.

This policy shall be administered by the Board or, if so designated by the Board, the Compensation and Governance Committee, in which case references herein to the Board shall be deemed references to the Compensation and Governance Committee. Any determinations made by the Board shall be final and binding on all affected individuals.




Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/6/24None on these Dates
For Period end:12/31/23
10/18/23
 List all Filings 


21 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/25/24  Highwoods Properties, Inc.        8-K:1,2,9   1/25/24   12:1.9M
11/21/23  Highwoods Properties, Inc.        8-K:1,2,5,911/16/23   15:399K
 2/07/23  Highwoods Properties, Inc.        10-K       12/31/22   82:23M
 5/11/21  Highwoods Properties, Inc.        8-K:5,9     5/11/21   13:340K
 8/13/20  Highwoods Properties, Inc.        8-K:1,2,8,9 8/13/20   18:687K
 7/28/20  Highwoods Properties, Inc.        10-Q        6/30/20   71:9.8M
 2/04/20  Highwoods Properties, Inc.        10-K       12/31/19   90:31M
 9/13/19  Highwoods Properties, Inc.        8-K:1,2,9   9/13/19   16:449K
 7/23/19  Highwoods Properties, Inc.        10-Q        6/30/19   74:10M
 3/07/19  Highwoods Properties, Inc.        8-K:1,2,9   3/07/19    5:225K
 7/24/18  Highwoods Properties, Inc.        10-Q        6/30/18   65:7.6M
 3/05/18  Highwoods Properties, Inc.        8-K:1,2,9   3/05/18    5:206K
 2/23/17  Highwoods Properties, Inc.        8-K:1,2,9   2/23/17    5:202K
 9/01/15  Highwoods Properties, Inc.        8-K:5,9     9/01/15    2:155K
 5/13/15  Highwoods Properties, Inc.        8-K:5,9     5/13/15    2:148K
 2/12/13  Highwoods Properties, Inc.        10-K       12/31/12  101:62M
 5/16/08  Highwoods Realty Ltd. Partnership 8-K:5,9     5/15/08    3:207K                                   Donnelley … Solutions/FA
11/09/07  Highwoods Properties, Inc.        10-Q        9/30/07    6:1.5M
12/22/05  Highwoods Properties, Inc.        10-K       12/31/04   18:5.6M                                   Donnelley … Solutions/FA
 3/31/98  Highwoods Properties, Inc.        10-K       12/31/97   14:848K                                   Donnelley … Solutions/FA
12/02/96  Highwoods Realty Ltd. Partnership 8-K:5,7    12/02/96    4:324K                                   Donnelley … Solutions/FA
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Filing Submission 0000921082-24-000006   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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