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