SEC Form 4 · accession 0001123292-16-002856

Parkway, Inc. · PKY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

James A Thomas

Director

Period of report

Oct 7, 2016

Accepted (ET)

Oct 12, 2016 · 6:44 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001677761

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Oct 7, 2016	A	1,436	—	A	1,436	D
Common Stock^F1,F2	Oct 7, 2016	A	48,565	—	A	48,565	I	By Thomas Master Investments, LLC
Common Stock^F1,F3	Oct 7, 2016	A	793	—	A	793	I	By Rosemary Pastron Trust
Common Stock^F1,F3	Oct 7, 2016	A	808	—	A	808	I	By Otto Pastron Trust
Common Stock^F1,F4	Oct 7, 2016	A	96,771	—	A	96,771	I	By The Lumbee Clan Trust
Common Stock^F1,F3	Oct 7, 2016	A	8	—	A	8	I	By Sarah Bane Trust
Common Stock^F1,F3	Oct 7, 2016	A	17	—	A	17	I	By Samantha Bane Trust
Common Stock^F1,F5	Oct 7, 2016	A	203,590	—	A	203,590	I	By Thomas Investment Partners, Ltd.
Common Stock^F1,F3	Oct 7, 2016	A	42	—	A	42	I	By Otto Pastron Trust CUTMA
Common Stock^F1,F3	Oct 7, 2016	A	15	—	A	15	I	By 1994 Trust
Common Stock^F1,F5	Oct 7, 2016	A	51,893	—	A	51,893	I	By Thomas-Pastron Family Partnership, L.P.
Limited Voting Stock^F1,F2	Oct 7, 2016	A	455	—	A	455	I	By Thomas Master Investments, LLC
Limited Voting Stock^F1,F5	Oct 7, 2016	A	273,689	—	A	273,689	I	By Maguire Thomas Partners - Philadelphia, Ltd.
Limited Voting Stock^F1,F5	Oct 7, 2016	A	249,565	—	A	249,565	I	By Thomas Investment Partners, Ltd.
Limited Voting Stock^F1,F5	Oct 7, 2016	A	179,766	—	A	179,766	I	By Maguire Thomas Partners - Commerce Square II, Ltd.
Limited Voting Stock^F1,F4	Oct 7, 2016	A	144,284	—	A	144,284	I	By The Lumbee Clan Trust
Limited Voting Stock^F1,F6	Oct 7, 2016	A	10,658	—	A	10,658	I	By Thomas Partners, Inc.

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
OP Units^F7,F5	—	Oct 7, 2016	A	273,690	A	—	—	Common Stock	273,690	273,690	I
OP Units^F7,F5	—	Oct 7, 2016	A	249,565	A	—	—	Common Stock	249,565	249,565	I
OP Units^F7,F5	—	Oct 7, 2016	A	179,767	A	—	—	Common Stock	179,767	179,767	I
OP Units^F7,F4	—	Oct 7, 2016	A	144,285	A	—	—	Common Stock	144,285	144,285	I
OP Units^F7,F6	—	Oct 7, 2016	A	10,658	A	—	—	Common Stock	10,658	10,658	I
OP Units^F7,F2	—	Oct 7, 2016	A	455	A	—	—	Common Stock	455	455	I

Explanation of responses

F1Pro rata distribution from Cousins Properties Incorporated ("Cousins"), which the reporting person is a stockholder, of the common and limited voting stock of the Company, on a distribution ratio of one share of the Company's common stock or limited voting stock for every eight shares of Cousins common or limited voting preferred stock held as of the record date (the "Distribution").
F2Securities are held by the named limited liability company, which is controlled by the reporting person.
F3Securities are held in trust for the benefit of an immediate family member of the reporting person. The reporting person is trustee of such trust. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4Securities are held by the Lumbee Clan Trust for which the reporting person serves as trustee and has investment authority and discretion with respect to such securities.
F5Securities are held by the named partnership, which is controlled by the reporting person
F6Securities are held by the named corporation, of which the reporting person is the sole stockholder.
F7The OP units were held by the reporting person prior to the Distribution, following which they 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.