------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response ....... 0.5 ------------------------------ 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). ________________________________________________________________________________ 1. Name and Address of Reporting Person* Johnson Bruce M. -------------------------------------------------------------------------------- (Last) (First) (Middle) 121 West Forsyth Street, Suite 200 -------------------------------------------------------------------------------- (Street) Jacksonville FL 32202 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Regency Centers Corporation (REG) ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Day/Year January 13, 2003 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Day/Year) ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [_] 10% Owner [X] Officer (give title below) [_] Other (specify below) Executive Vice President and Managing Director ---------------------------------------------- ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by one Reporting Person [_] Form filed by more than one Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================ 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) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 01/13/03 M 7,303 A $22.250 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 01/13/03 F 5,998 D $31.70 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 01/13/03 M 3,848 A $19.813 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 01/13/03 F 2,983 D $31.70 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 01/13/03 M 14,674 A $23.00 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 01/13/03 F 12,260 D $31.70 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 01/13/03 M 3,522 A Note 1 ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 11/07/02 F 1,410 D $31.70 103,309 D ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- ==================================================================================================================================== * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Note 1: Settlement of dividend equivalent units in connection with exercise of option. 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) ================================================================================ 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) ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $22.25 01/13/03 M 7,303 12/15/02 12/15/08 Stock 7,303 0 ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $31.70 01/13/03 A V 5,998 01/13/03 12/15/08 Stock 5,998 5,998 ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $19.813 01/13/03 M 3,848 12/14/02 12/14/09 Stock 3,848 0 ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $31.70 01/13/03 A V 2,983 01/13/03 12/14/09 Stock 2,983 2,983 ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $23.00 01/13/03 M 7,337 01/01/02 01/01/11 Stock 7,337 0 ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $23.00 01/13/03 M 7,337 01/01/03 01/01/11 Stock 7,337 0 ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $31.70 01/13/03 A V 12,260 01/13/03 01/01/11 Stock 12,260 12,260 ==================================================================================================================================== Explanation of Responses: /s/ Linda Y. Kelso January 14, 2003 --------------------------------------------- ----------------------- Linda Y. Kelso, as attorney-in-fact Date for Bruce M. Johnson ** 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. Page 2