Filing Details

Accession Number:
0001140361-12-050440
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-10 18:09:20
Reporting Period:
2012-12-10
Filing Date:
2012-12-10
Accepted Time:
2012-12-10 18:09:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
729237 Parkway Properties Inc PKY Real Estate Investment Trusts (6798) 742123597
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
860866 David Bonderman C/O Tpg Global, Llc
301 Commerce Street, Suite 300
Fort Worth TX 76102
No No Yes No
1099776 G James Coulter C/O Tpg Global, Llc
301 Commerce Street, Suite 3300
Fort Worth TX 76102
No No Yes No
1495741 Tpg Group Holdings (Sbs) Advisors, Inc. C/O Tpg Global, Llc
301 Commerce Street, Suite 3300
Fort Worth TX 76102
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units Acquisiton 2012-12-10 5,822,000 $75,686,000.00 23,612,642 No 4 P Indirect See Explanation of Responses
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Explanation of Responses
Footnotes
  1. David Bonderman and James G. Coulter are directors, officers and sole stockholders of TPG Group Holdings (SBS) Advisors, Inc. ("Group Advisors" and, together with Messrs. Bonderman and Coulter, the "Reporting Persons"), which is the general partner of TPG Group Holdings (SBS), L.P. ("Group Holdings"), which is the sole shareholder of TPG Holdings III-A, Inc., which is the general partner of TPG Holdings III-A. L.P., which is the general partner of TPG Holdings III, L.P., which is the sole member of TPG Genpar VI Delfir AIV Advisors, LLC, which is the general partner of TPG Genpar VI Delfir AIV, L.P., which is the general partner of TPG VI Pantera Holdings, L.P. ("TPG Pantera"), which directly holds 23,599,778 shares of Common Stock (the "Common Stock") of Parkway Properties, Inc. (the "Issuer").
  2. Group Holdings is the sole member of TPG Holdings II-A, LLC, which is the general partner of TPG Holdings, II, L.P., which is the general partner of TPG Holdings II Sub, L.P., which is the sole member of TPG Capital Advisors, LLC, which is the sole member of TPG VI Management, LLC, ("TPG Management"), which directly holds 12,864 shares of Common Stock reported herein.
  3. Because of the relationship between the Reporting Persons and TPG Pantera and TPG Management, the Reporting Persons may be deemed to beneficially own the Common Stock held by TPG Pantera and TPG Management to the extent of the greater of their respective direct or indirect pecuniary interests in the profits or capital accounts of TPG Pantera and TPG Management. Each Reporting Person, TPG Pantera and TPG Management disclaims beneficial ownership of the Common Stock held by TPG Pantera and TPG Management, except to the extent of such Reporting Person's, TPG Pantera's and TPG Management's pecuniary interest therein, if any.
  4. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any shares of the Common Stock in excess of their respective pecuniary interests.
  5. In connection with an equity offering by the Issuer that closed on December 10, 2012 (the "Equity Offering"), TPG Pantera purchased 5,822,000 shares of Common Stock, which purchase satisfied the right of TPG Pantera under the Stockholders' Agreement, dated as of June 5, 2012, by and between the Issuer and TPG Pantera to purchase its pro rata portion of the Equity Offering.
  6. The price represents the public offering price of $13.00 per share. No underwriting discount was paid on the shares of Common Stock purchased by TPG Pantera.