0001123292-17-001526.txt : 20171013
0001123292-17-001526.hdr.sgml : 20171013
20171013160148
ACCESSION NUMBER: 0001123292-17-001526
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171011
FILED AS OF DATE: 20171013
DATE AS OF CHANGE: 20171013
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bates Jason A
CENTRAL INDEX KEY: 0001619053
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37819
FILM NUMBER: 171136654
MAIL ADDRESS:
STREET 1: 390 N. ORANGE AVENUE
STREET 2: STE. 2400
CITY: ORLANDO
STATE: FL
ZIP: 32801
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: SAN FELIPE PLAZA
STREET 2: 5847 SAN FELIPE STREET, SUITE 2200
CITY: HOUSTON
STATE: TX
ZIP: 77057
BUSINESS PHONE: 407-650-0593
MAIL ADDRESS:
STREET 1: SAN FELIPE PLAZA
STREET 2: 5847 SAN FELIPE STREET, SUITE 2200
CITY: HOUSTON
STATE: TX
ZIP: 77057
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2017-10-11
1
0001677761
Parkway, Inc.
PKY
0001619053
Bates Jason A
800 N MAGNOLIA AVENUE, SUITE 1625
ORLANDO
FL
32803
0
1
0
0
EVP Chief Investment Officer
Common Stock
2017-10-11
4
A
0
13619
0
A
75371
D
Common Stock
2017-10-11
4
D
0
53168
D
22203
D
Common Stock
2017-10-12
4
D
0
22203
D
0
D
OP Units
2017-10-12
4
D
0
4841
D
Common Stock
4841
0
D
Represents performance-based RSUs that were previously issued at the "target" performance level, and which vested on October 11, 2017 at the "stretch" performance level pursuant to the Agreement and Plan of Merger, dated as of June 29 2017, (the "Merger Agreement") by and among Parkway, Inc. (the "Company"), a Maryland corporation, Parkway Properties LP, a Delaware limited partnership (the "Partnership"), Real Estate Houston US Trust ("Parent"), a Delaware statutory trust and wholly-owned subsidiary of Canada Pension Plan Investment Board, a Canadian Crown corporation ("CPPIB"), Real Estate Houston US LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent, and Real Estate Houston US LP, a Delaware limited partnership and an indirect wholly-owned subsidiary of Parent ("Merger Partnership").
Represents 15,860 time-based RSUs and 37,308 performance-based RSUs, which fully vested and were disposed of pursuant to the Merger Agreement in exchange for $23.05 in cash per share, without interest, less any applicable tax withholding.
Disposed of pursuant to Merger Agreement in exchange for $19.05 in cash per share, without interest, less any applicable tax withholding.
Disposed of pursuant to the Merger Agreement in exchange for the right to receive a new partnership preferred unit of the surviving partnership following the merger of Merger Partnership with and into the Partnership, with the Partnership as the surviving entity. OP Units were derivative securities of the Company, which were redeemable 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 were set forth in the agreement pursuant to which the applicable OP units were issued.
/s/ A. Noni Holmes-Kidd, on behalf of Jason Bates, as Attorney-in-Fact
2017-10-13