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OMB APPROVAL
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OMB Number 3235-0287
Expires: January 31, 2005
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Stein Jr. Martin E.
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(Last) (First) (Middle)
121 West Forsyth Street, Suite 200
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(Street)
Jacksonville FL 32202
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Regency Centers Corporation (REG)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Day/Year
September 30, 2002
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[X] Officer (give title below) [_] Other (specify below)
Chairman and Chief Executive Officer
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5.
Amount of
Securities 6.
4. Beneficially Owner-
Securities Acquired (A) or Owned ship
2A. 3. Disposed of (D) Following Form: 7.
2. Deemed Transaction (Instr. 3, 4 and 5) Reported Direct Nature of
Trans- Execution Code ------------------------------- Trans- (D) or Indirect
1. action Date, (Instr. 8) (A) action(s) Indirect Beneficial
Title of Security Date if any ------------ or (Instr. (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price 3 & 4) (Instr.4) (Instr. 4)
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Common Stock 09/30/02 D(1) 27,883 D $31.00
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Common Stock 09/30/02 D(2) 1,175 D $31.00
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Common Stock 09/30/02 A(3) 11,761 A (3) 205,028 D
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160,263 I (4)
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415,382 I (5)
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
(Form 4-07/98)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Deriv- Form
2. ative
Conver- 5. 7. Secur- Deriv- 11.
sion Number of Title and Amount ities ative Nature
or 3A. Derivative 6. of Underlying 8. Bene- Secur- of
Exer- Deemed 4. Securities Date Securities Price ficially ity: In-
cise 3. Execu- Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Owned Direct direct
Price Trans- tion action or Disposed Expiration Date ---------------- Deriv- Following (D) or Bene-
1. of action Date, Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- Date if any (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Employee
stock option Common
(right to buy) $31.00 09/30/02 A 26,255 09/30/02 01/13/07 Stock 26,255 26,255 D
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Employee
stock option Common
(right to buy) $31.00 09/30/02 A 2,803 09/30/02 01/01/06 Stock 2,803 2,803 D
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Explanation of Responses:
(1) Represents shares delivered to the issuer in full payment of recourse
stock loans made by the issuer in 1994 and 1997 to enable the reporting
person to buy shares of common stock under the issuer's Long Term
Omnibus Plan. Although the loans pre-dated, and therefore would be
grandfathered under, the Sarbanes-Oxley Act of 2002 even if the
reporting person were an executive officer, the issuer's compensation
committee determined that it would be in the best interests of the
company for the executive to prepay these loans in view of the
Sarbanes-Oxley Act.
(2) Represents shares delivered to issuer in full payment of income tax
liability in connection with the delivery of shares in repayment of the
stock loans.
(3) Represents restricted shares (subject to vesting requirements) granted
under the Long Term Omnibus Plan.
(4) Shares held by The Regency Group (Nevada) Limited Partnership, the sole
general partner of which is a wholly-owned subsidiary of The Regency
Group, Inc. All of the outstanding stock of The Regency Group, Inc.
is owned by The Regency Square Group II (Nevada) Limited Partnership,
the sole general partner of which is a corporation in which all of the
outstanding stock is owned by Mr. Stein and members of his family.
(5) Represents 307,147 shares held by The Regency Group II and 108,235
shares held by Regency Square II. Mr. Stein is a general partner of
The Regency Group II and Regency Square II and a trustee of a trust
that is also a general partner in those Partnerships.
/s/ Linda Y. Kelso October 2, 2002
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Linda Y. Kelso, as attorney-in-fact Date
for Martin E. Stein, Jr.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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