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 |
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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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
PARKWAY PROPERTIES INC [ PKY ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/23/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 12/23/2013 | C | 238,357 | A | (1) | 238,357 | I | By Thomas Master Investments, LLC(2) | ||
Common Stock | 34,320 | D | ||||||||
Common Stock | 3,895 | I | By Rosemary Pastron Trust(3) | |||||||
Common Stock | 3,969 | I | By Otto Pastron Trust(3) | |||||||
Common Stock | 514,613 | I | By The Lumbee Clan Trust(4) | |||||||
Common Stock | 42 | I | By Sarah Bane Trust(3) | |||||||
Common Stock | 84 | I | By Samantha Bane Trust(3) | |||||||
Common Stock | 1,075,816 | I | By Thomas Investment Partners, Ltd.(5) | |||||||
Common Stock | 210 | I | By Otto Pastron CUTMA(3) | |||||||
Common Stock | 76 | I | By 1994 Trust(3) | |||||||
Common Stock | 254,691 | I | By Thomas-Pastron Family Partnership, L.P.(5) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Common Limited Partnership Units | $0 | 12/23/2013 | C | 238,357 | (1) | (1) | Common Stock | 238,357 | (1) | 2,235 | I | By Thomas Master Investments, LLC(2) |
Explanation of Responses: |
1. The reporting person redeemed 238,357 Common Limited Partnership Units of Parkway Properties LP. Each Common Limited Partnership Unit is redeemable for cash, or at the issuer's election, shares of the issuer's common stock on a one-for-one basis. The issuer elected to redeem the reporting person's Common Limited Partnership Units with common stock. Common Limited Partnership Units have no expiration date. |
2. Securities are held by the named limited liability company, which is controlled by the reporting person. |
3. Securities are held in trust for the benefit of an immediate family member of the reporting person. The reporting person is trustee of such trust. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
4. Securities are held by the Lumbee Clan Trust for which the reporting person serves as trustee and has investment authority and discretion with respect to such securities. |
5. Securities are held by the named partnership, which is controlled by the reporting person. |
Remarks: |
/s/ Jeremy R. Dorsett, as Attorney-in-Fact | 12/23/2013 | |
** 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. |