SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* FIALA MARY LOU (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 CORP [ REG ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) President and COO
	3. Date of Earliest Transaction (Month/Day/Year) 03/19/2004
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. 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
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/19/2004		M		61,438	A	$35.9	164,114	D
Common Stock	03/19/2004		M		10,197	A	$32.03	174,311	D
Common Stock	03/19/2004		M		4,843	A	$32.24	179,154	D
Common Stock	03/19/2004		F		65,892	D	$44.94	113,262	D
Common Stock								124,750	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$35.9	03/19/2004		M			1,703	09/18/2003	06/12/2007	Common Stock	1,703	$0	0	D
Employee Stock Option (right to buy)	$35.9	03/19/2004		M			775	09/18/2003	06/19/2007	Common Stock	775	$0	0	D
Employee Stock Option (right to buy)	$35.9	03/19/2004		M			855	09/18/2003	12/31/2007	Common Stock	855	$0	0	D
Employee Stock Option (right to buy)	$35.9	03/19/2004		M			810	09/18/2003	06/24/2008	Common Stock	810	$0	0	D
Employee Stock Option (right to buy)	$35.9	03/19/2004		M			758	09/18/2003	12/31/2008	Common Stock	758	$0	0	D
Employee Stock Option (right to buy)	$32.03	03/19/2004		M			10,197	02/07/2003	12/15/2008	Common Stock	10,197	$0	0	D
Employee Stock Option (right to buy)	$32.24	03/19/2004		M			4,843	02/21/2003	12/14/2011	Common Stock	4,843	$0	0	D
Employee Stock Option (right to buy)	$35.9	03/19/2004		M			6,731	09/18/2003	07/29/2009	Common Stock	6,731	$0	0	D
Employee Stock Option (right to buy)	$35.9	03/19/2004		M			49,806	09/18/2003	12/15/2008	Common Stock	49,806	$0	0	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		218		03/19/2004	06/12/2007	Common Stock	218	$0	218	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		99		03/19/2004	06/19/2007	Common Stock	99	$0	99	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		109		03/19/2004	12/31/2007	Common Stock	109	$0	109	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		104		03/19/2004	06/24/2008	Common Stock	104	$0	104	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		97		03/19/2004	12/31/2008	Common Stock	97	$0	97	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		1,862		03/19/2004	12/15/2008	Common Stock	1,862	$0	1,862	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		870		03/19/2004	12/14/2008	Common Stock	870	$0	870	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		861		03/19/2004	07/29/2009	Common Stock	861	$0	861	D
Employee Stock Option (right to buy)	$44.94	03/19/2004		A		6,367		03/19/2004	12/15/2008	Common Stock	6,367	$0	6,367	D

Explanation of Responses:

	/s/ Linda Y. Kelso, Attorney-in-Fact for Mary Lou Fiala	03/23/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** 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 is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.