0001193125-13-396359.txt : 20131010 0001193125-13-396359.hdr.sgml : 20131010 20131010134458 ACCESSION NUMBER: 0001193125-13-396359 CONFORMED SUBMISSION TYPE: 425 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20131010 DATE AS OF CHANGE: 20131010 SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: 425 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11533 FILM NUMBER: 131145491 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 FILED BY: 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 FILING VALUES: FORM TYPE: 425 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 425 1 d611410d8k.htm 8-K 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 4, 2013

 

 

PARKWAY PROPERTIES, INC.

(Exact name of Registrant as Specified in its Charter)

 

 

 

Maryland   1-11533   74-2123597

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

Bank of America Center, 390 North Orange Avenue, Suite 2400, Orlando, Florida 32801

(Address of Principal Executive Offices, including zip code)

(407) 650-0593

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

x Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 1.01 Entry into a Material Definitive Agreement

On October 4, 2013, Parkway Properties, Inc. (“Parkway”) and Parkway Properties LP entered into an amendment (the “Voting Agreement Amendment”) to the Voting Agreement dated as of September 4, 2013 (the “Voting Agreement”) with James A. Thomas, the Chairman, President and Chief Executive Officer of Thomas Properties Group, Inc. (“Thomas Properties”), and certain entities the vote for which is controlled by Mr. Thomas (together with Mr. Thomas, the “Thomas Parties”). The Voting Agreement Amendment corrects the number of shares of common stock held by certain of the Thomas Parties.

Other than as expressly modified pursuant to the Voting Agreement Amendment, the Voting Agreement, which was filed as Exhibit 99.2 to the Current Report on Form 8-K filed with the SEC by Parkway on September 5, 2013, remains in full force and effect as originally executed on September 4, 2013. The foregoing description of the Voting Agreement Amendment is qualified in its entirety by the full text of such agreement, which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Additional Information about the Proposed Transaction and Where to Find It

In connection with the proposed transaction, Parkway has filed with the SEC a registration statement on Form S-4 that includes a preliminary joint proxy statement of Parkway and Thomas Properties that also constitutes a prospectus of Parkway. Parkway and Thomas Properties also plan to file other relevant documents with the SEC regarding the proposed transaction. INVESTORS ARE URGED TO READ THE PRELIMINARY JOINT PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. You may obtain a free copy of the preliminary joint proxy statement/prospectus and other relevant documents filed by Parkway and Thomas Properties with the SEC at the SEC’s website at www.sec.gov. Copies of the documents filed by Parkway with the SEC will be available free of charge on Parkway’s website at www.pky.com or by contacting Parkway Investor Relations at (407) 650-0593. Copies of the documents filed by Thomas Properties with the SEC will be available free of charge on Thomas Properties’ website at www.tpgre.com or by contacting Thomas Properties Investor Relations at (213) 613-1900.

Parkway and Thomas Properties and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. You can find information about Parkway’s executive officers and directors in Parkway’s definitive proxy statement filed with the SEC on April 4, 2013. You can find information about Thomas Properties’ executive officers and directors in Thomas Properties’ definitive proxy statement filed with the SEC on April 30, 2013. Additional information regarding the interests of such potential participants is included in the joint proxy statement/prospectus and may be included in other relevant documents filed with the SEC if and when they become available. You may obtain free copies of these documents from Parkway or Thomas Properties using the sources indicated above.

This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits

 

Exhibit
Number

 

Description

99.1   First Amendment to Voting Agreement by and among Parkway Properties, Inc., Parkway Properties LP and certain stockholders of Thomas Properties Group, Inc.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Parkway Properties, Inc.
Date: October 10, 2013   By:  

/s/ Jeremy R. Dorsett

    Jeremy R. Dorsett
    Executive Vice President and General Counsel
EX-99.1 2 d611410dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

FIRST AMENDMENT TO VOTING AGREEMENT

This First Amendment to Voting Agreement (“First Amendment”) is entered into as of October 4, 2013 by and among Parkway Properties, Inc., (“Parent”), Parkway Properties LP (“Parent LP”, and, together with Parent, the “Parent Parties”) and the undersigned stockholders (each a “Stockholder” and collectively, the “Stockholders”) of Thomas Properties Group, Inc. (“Company”).

Parent Parties and Stockholders are parties to a Voting Agreement dated as of September 4, 2013 (“Voting Agreement”).

Parent Parties and Stockholders have determined that Schedule A attached to the Voting Agreement failed to reflect certain shares of stock in Company owned by Stockholders.

Parent Parties and Stockholders hereby substitute the attached Schedule A in place of the Schedule A which was attached to the Voting Agreement and any reference to Schedule A in the Voting Agreement shall be deemed to refer to the Schedule A attached hereto.

[Signature page follows]


IN WITNESS WHEREOF, the parties have caused this First Amendment to be duly executed on the date and year first above written.

 

PARENT
PARKWAY PROPERTIES, INC.

By:

 

/s/ David O’Reilly

Name:

 

David O’Reilly

Title:

 

Chief Financial Officer and

 

Chief Investment Officer

By:

 

/s/ Jeremy Dorsett

Name:

 

Jeremy Dorsett

Title:

 

General Counsel

PARENT LP
PARKWAY PROPERTIES LP

By:

 

PARKWAY PROPERTIES

 

GENERAL PARTNERS, INC., its

 

General Partner

By:

 

/s/ David O’Reilly

Name:

 

David O’Reilly

Title:

 

Chief Financial Officer and

 

Chief Investment Officer

By:

 

/s/ Jeremy Dorsett

Name:

 

Jeremy Dorsett

Title:

 

General Counsel


  STOCKHOLDERS:
 

/s/ James A. Thomas

  James A. Thomas
  MAGUIRE THOMAS PARTNERS-PHILADELPHIA, LTD.
  By:    THOMAS PARTNERS, INC.
     Its General Partner
  By:   

/s/ James A. Thomas

  Name:    James A. Thomas
  Title:    President
  THOMAS INVESTMENT PARTNERS, LTD.
  By:    THOMAS PARTNERS, INC.
     Its General Partner
  By:   

/s/ James A. Thomas            

  Name:    James A. Thomas
  Title:    President
  MAGUIRE THOMAS PARTNERS-COMMERCE SQUARE II, LTD.
  By:    THOMAS DEVELOPMENT PARTNERS-PHASE II, INC.
     Its General Partner
  By:   

/s/ James A. Thomas            

  Name:    James A. Thomas
  Title:    President
  THOMAS PARTNERS, INC.
  By:   

/s/ James A. Thomas            

  Name:    James A. Thomas
  Title:    President


THE LUMBEE CLAN TRUST

By:

 

/s/ James A. Thomas

Name:

 

James A. Thomas

Title:

 

Trustee

THOMAS MASTER INVESTMENTS, LLC

By:

 

THOMAS PARTNERS, INC.

 

Its Managing Member

By:

 

/s/ James A. Thomas

Name:

 

James A. Thomas

Title:

 

President

Acknowledged:

 

COMPANY
THOMAS PROPERTIES GROUP, INC.
By:  

/s/ James A. Thomas

Name:   James A. Thomas
Title:   President and Chief Executive Officer


Schedule A

 

Name

   Common
Stock
     Limited
Voting Stock
     OP Units (Paired with
Limited Voting Stock)
     Restricted Common
Stock (Unvested)
 

James A. Thomas

     1,800               87,996   

Maguire Thomas Partners - Philadelphia, Ltd.

        3,514,557         3,514,557      

Thomas Investment Partners, Ltd.

     2,814,800         3,204,761         3,204,761      

Maguire Thomas Partners - Commerce Square II, Ltd.

        2,308,452         2,308,452      

Thomas Partners, Inc.

        136,866         136,866      

Thomas-Pastron Family Partnership, L.P.

     666,382            

The Lumbee Clan Trust

     807,631         1,852,818         1,852,818      

Thomas Master Investments, LLC

        629,495         629,495      

Rosemary Pastron Trust

     10,193            

Otto Pastron Trust

     10,386            

Otto Pastron CUTMA

     550            

James A. Thomas (voting agreement with MIRELF IV TPGI, LLC)

     7,338,260            

James A. Thomas (voting agreement with MIRELF IV TPGI II, LLC)

     1,357,393            
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     13,007,395         11,646,949         11,646,949         87,996