0000729237-14-000032.txt : 20140319
0000729237-14-000032.hdr.sgml : 20140319
20140319172605
ACCESSION NUMBER: 0000729237-14-000032
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140317
FILED AS OF DATE: 20140319
DATE AS OF CHANGE: 20140319
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PARKWAY PROPERTIES INC
CENTRAL INDEX KEY: 0000729237
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 742123597
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 390 N. ORANGE AVE STE 2400
CITY: ORLANDO
STATE: FL
ZIP: 32801
BUSINESS PHONE: 407-650-0593
MAIL ADDRESS:
STREET 1: 390 N. ORANGE AVE STE 2400
CITY: ORLANDO
STATE: FL
ZIP: 32801
FORMER COMPANY:
FORMER CONFORMED NAME: PARKWAY CO
DATE OF NAME CHANGE: 19951018
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Heistand James R
CENTRAL INDEX KEY: 0001520993
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11533
FILM NUMBER: 14704792
MAIL ADDRESS:
STREET 1: 5127 FAIRWAY OAKS DRIVE
CITY: WINDERMERE
STATE: FL
ZIP: 34786
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2014-03-17
0000729237
PARKWAY PROPERTIES INC
PKY
0001520993
Heistand James R
390 NORTH ORANGE AVENUE
SUITE 2400
ORLANDO
FL
32801
0
1
0
0
PRESIDENT & CEO
Common Stock
2014-03-17
4
A
0
29555
0
A
1336657
D
Common Stock
29916
I
ACP Laurich Partnership, Ltd.
Common Stock
45000
I
By ACP-JRL Partnership, Ltd., a family limited partnership
LTIP Units
2014-03-17
4
A
0
44334
0
A
Common OP Units
44334
44334
D
Represents time-based RSU awards that will vest 25% on each of the first, second, third and fourth anniversaries of the grant date, subject to the executive's continued employment with the Company.
Represents performance-based LTIP units that will vest based on the attainment of targets for total return to stockholders during the performance period running from March 17, 2014 to March 16, 2017, subject to the executive's continued employment with the Company. Subject to the satisfaction of the vesting requirements and certain restrictions set forth in the limited partnership agreement of Parkway Properties LP, each LTIP unit may be converted, at the election of the executive or the Company, into an OP unit. Each OP unit acquired upon conversion of an LTIP unit may be redeemed, at the election of the executive, for cash equal to the then fair market value of a share of common stock, except that the Company may, at its election, acquire each OP unit so presented for redemption for one share of common stock.
The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
/s/Jeremy Dorsett, on behalf of James R. Heistand as Attorney-In-Fact
2014-03-19