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                                                           OMB APPROVAL
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                                                  OMB Number           3235-0287
                                                  Expires:      January 31, 2005
                                                  Estimated average burden
                                                  hours per response ....... 0.5
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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).

________________________________________________________________________________
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

                                   August 2002
________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Day/Year)


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6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [_]  Director                             [_]  10% Owner
     [X]  Officer (give title below)           [_]  Other (specify below)

                   Executive Vice President, Managing Director
                          and Chief Financial Officer
                   -------------------------------------------
________________________________________________________________________________
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) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 08/12/02 M 20,800 A $25.25 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 F 18,573 D $30.90 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 M 3,652 A $21.0625 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 F 2,971 D $30.90 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 M 3,848 A $19.8125 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 F 3,040 D $30.90 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 M 3,301 A $24.69 - ----------------------------------------------------------------------------------------------------------------------------------- ====================================================================================================================================
* 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) ------------------------------ 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 August 2002 ________________________________________________________________________________ 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, Managing Director and Chief Financial Officer ------------------------------------------- ________________________________________________________________________________ 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 08/12/02 F 2,913 D $30.90 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 M 59,400 A $25.25 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 F 53,041 D $30.90 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 M 10,769 A Note 1 - ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 08/12/02 F 4,464 D $30.90 111,597 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) $25.25 08/12/02 M 20,800 01/14/98 01/14/07 Stock 20,800 0 - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $21.0625 08/12/02 M 3,652 07/29/00 07/29/09 Stock 3,652 10,955 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $19.8125 08/12/02 M 3,848 12/14/00 12/14/09 Stock 3,848 11,545 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $24.69 08/12/02 M 3,301 12/14/00 12/14/09 Stock 3,301 0 - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $25.25 08/12/02 M 59,400 01/13/98 01/13/07 Stock 59,400 0 - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $30.90 08/12/02 A V 18,573 08/12/02 01/14/07 Stock 18,573 18,573 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $30.90 08/12/02 A V 2,971 08/12/02 07/29/09 Stock 2,971 2,971 D - ------------------------------------------------------------------------------------------------------------------------------------ 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) $30.90 08/12/02 A V 3,040 08/12/02 12/14/09 Stock 3,040 3,040 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $30.90 08/12/02 A V 2,913 08/12/02 12/14/09 Stock 2,913 2,913 D - ------------------------------------------------------------------------------------------------------------------------------------ Employee stock option Common (right to buy) $30.90 08/12/02 A V 53,041 08/12/02 01/13/07 Stock 53,041 53,041 D - ------------------------------------------------------------------------------------------------------------------------------------ Dividend Equivalent 1 for 1 08/12/02 M 10,769 Note 1 10,769 0 ====================================================================================================================================
Explanation of Responses: Note 1: Settlement of dividend equivalent units in connection with exercise of option. /s/ Bruce M. Johnson September 10, 2002 - --------------------------------------------- ----------------------- Bruce M. Johnson Date ** 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