<SEC-DOCUMENT>0000049600-20-000086.txt : 20200605
<SEC-HEADER>0000049600-20-000086.hdr.sgml : 20200605
<ACCEPTANCE-DATETIME>20200605163406
ACCESSION NUMBER:		0000049600-20-000086
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200529
FILED AS OF DATE:		20200605
DATE AS OF CHANGE:		20200605

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Tyler Staci H.
		CENTRAL INDEX KEY:			0001814024

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07094
		FILM NUMBER:		20946787

	MAIL ADDRESS:	
		STREET 1:		EASTGROUP PROPERTIES, INC.
		STREET 2:		400 W. PARKWAY PLACE, SUITE 100
		CITY:			RIDGELAND
		STATE:			MS
		ZIP:			39157

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EASTGROUP PROPERTIES INC
		CENTRAL INDEX KEY:			0000049600
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				132711135
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		400 W. PARKWAY PLACE
		STREET 2:		SUITE 100
		CITY:			RIDGELAND
		STATE:			MS
		ZIP:			39157
		BUSINESS PHONE:		6013543555

	MAIL ADDRESS:	
		STREET 1:		400 W. PARKWAY PLACE
		STREET 2:		SUITE 100
		CITY:			RIDGELAND
		STATE:			MS
		ZIP:			39157

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EASTGROUP PROPERTIES II INC
		DATE OF NAME CHANGE:	19970529

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ICM REALTY
		DATE OF NAME CHANGE:	19830719
</SEC-HEADER>
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<TYPE>3
<SEQUENCE>1
<FILENAME>wf-form3_159138922891314.xml
<DESCRIPTION>FORM 3
<TEXT>
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<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2020-05-29</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000049600</issuerCik>
        <issuerName>EASTGROUP PROPERTIES INC</issuerName>
        <issuerTradingSymbol>EGP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001814024</rptOwnerCik>
            <rptOwnerName>Tyler Staci H.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O EASTGROUP PROPERTIES, INC.,</rptOwnerStreet1>
            <rptOwnerStreet2>400 WEST PARKWAY PLACE, SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>RIDGELAND</rptOwnerCity>
            <rptOwnerState>MS</rptOwnerState>
            <rptOwnerZipCode>39157</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Senior VP, CAO and Secretary</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>7632</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Includes 1,961 shares of time-based restricted shares granted pursuant to the Issuer's 2013 Equity Incentive Plan, as amended. 220 of the shares vest on January 1, 2021; 360 of the shares vest ratably on each of January 1, 2021 and 2022; 585 of the shares vest ratably on each of January 1, 2021, 2022 and 2023; 620 of the shares vest ratably on each of January 1, 2021, 2022, 2023 and 2024; and 176 of the shares vest one-fourth on the date the Issuer's Compensation Committee certifies the satisfaction of the goals related to the 2020 performance-based awards and one-fourth on each of January 1, 2022, 2023 and 2024.</footnote>
    </footnotes>

    <remarks>Exhibit List: Exhibit 24 - Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Staci H. Tyler</signatureName>
        <signatureDate>2020-06-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>egp-section16powerofattorn.htm
<DESCRIPTION>EXHIBIT 24 - POWER OF ATTORNEY
<TEXT>
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<pre>
Exhibit 24

POWER OF ATTORNEY

       Know all by these presents, that the undersigned hereby constitutes and appoints each of Brent Wood, Michelle Rayner and Whitney Denham, signing singly as the undersigned's true and lawful attorney-in-fact to:

       1. Prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 (the "Exchange Act") or any rule or regulation of the SEC;

       2. Execute for and on behalf of the undersigned, in the undersigned's capacity as an officer of EastGroup Properties, Inc., a Maryland corporation (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Exchange Act and the rules thereunder;

       3. Do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and

       4. Take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

       The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

       This Power of Attorney shall be automatically revoked with respect to any and all of the foregoing attorneys-in-fact, with no further action required by the undersigned or the Company, in the event that such attorney-in-fact ceases to be an officer of the Company, but shall otherwise remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

       IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 2nd day of June, 2020.


Signature: /s/ Staci H. Tyler

Print Name: Staci H. Tyler

















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