0001123292-16-002858.txt : 20161012
0001123292-16-002858.hdr.sgml : 20161012
20161012184522
ACCESSION NUMBER: 0001123292-16-002858
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161007
FILED AS OF DATE: 20161012
DATE AS OF CHANGE: 20161012
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Parkway, Inc.
CENTRAL INDEX KEY: 0001677761
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: BANK OF AMERICA CENTER
STREET 2: 390 NORTH ORANGE AVENUE, SUITE 2400
CITY: ORLANDO
STATE: FL
ZIP: 32801
BUSINESS PHONE: 407-650-0593
MAIL ADDRESS:
STREET 1: BANK OF AMERICA CENTER
STREET 2: 390 NORTH ORANGE AVENUE, SUITE 2400
CITY: ORLANDO
STATE: FL
ZIP: 32801
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Francis Scott E
CENTRAL INDEX KEY: 0001587522
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37819
FILM NUMBER: 161933873
MAIL ADDRESS:
STREET 1: 390 N. ORANGE AVENUE
STREET 2: SUITE 2400
CITY: ORLANDO
STATE: FL
ZIP: 32806
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-10-07
0001677761
Parkway, Inc.
PKY
0001587522
Francis Scott E
BANK OF AMERICA CENTER
390 NORTH ORANGE AVENUE, SUITE 2400
ORLANDO
FL
32801
0
1
0
0
EVP, CFO & CAO
Common Stock
2016-10-07
4
A
0
31892
A
31892
D
Common Stock
2016-10-07
4
A
0
7579
A
39471
D
OP Units
2016-10-07
4
A
0
5306
A
Common Stock
5306
5306
D
Represents time-based restricted stock units with respect to Parkway Properties, Inc.'s ("Old Parkway") common stock that were assumed and converted into time-based restricted stock units with respect to the Company's common stock ("RSUs") in connection with both the merger (the "Merger") of Old Parkway with and into a subsidiary of Cousins Properties Incorporated ("Cousins") and the subsequent pro rata distribution of the common stock of the Company by Cousins to its common stockholders (the "Distribution"), which RSUs will vest 1/3 on each of the first, second, and third anniversaries of the closing date of the Merger, subject to the executive's continued service with the Company on such dates.
Received pursuant to the Distribution on a distribution ratio of one share of the Company's common stock for every eight shares of Cousins common stock held as of the record date.
The OP units were held by the reporting person prior to the Distribution as LTIP units that were a derivative security of Old Parkway that vested and converted into OP units immediately prior to the Merger. In connection with the Merger, the OP units became a derivative security of the Company. OP units may be redeemed for cash or, at the Company's election, shares of the Company's common stock on a one-for-one basis beginning 12 months following the date of the initial issuance of the OP unit, or at such other time as may be set forth in the agreement pursuant to which the applicable OP units are issued.
/s/ A. Noni Holmes-Kidd, attorney-in-fact
2016-10-12