Filing Details

Accession Number:
0001196395-12-000055
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-09 16:17:50
Reporting Period:
2012-03-07
Filing Date:
2012-03-09
Accepted Time:
2012-03-09 16:17:50
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
1520993 R James Heistand Bank Of America Center, Suite 2400
390 North Orange Avenue
Orlando FL 32801
President And Ceo Yes Yes No 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 Stock Acquisiton 2012-03-07 25,000 $9.61 269,893 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock OP Units $0.00 819,474 819,474 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
819,474 819,474 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.53 to $9.645, inclusive. The reporting person undertakes to provide to Parkway Properties, Inc., any security holder of Parkway Properties, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. As of the date hereof, the Reporting Person's direct beneficial ownership includes 67,661 restricted shares granted under the Company's 2011 Employee Inducement Award Plan that have not yet vested.
  3. Represents common units of limited partnership interest ("OP Units") in Parkway Properties LP, the operating partnership of the Issuer (the "Operating Partnership"). The Issuer is the sole shareholder of the general partner of the Operating Partnership.
  4. Holders of OP Units have redemption rights that enable them to cause the Operating Partnership to redeem their OP Units for cash or, at the option of the Issuer, for shares of Common Stock on a one-for-one basis.
  5. All of the OP Units are currently redeemable.
  6. Not applicable.