SEC Form 4 · accession 0001677761-16-000021
Parkway, Inc. · PKY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Heistand
Officer — PRESIDENT & CEO · Director
Period of report
Dec 12, 2016
Accepted (ET)
Dec 13, 2016 · 7:45 pm EST
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 StockF1 | Dec 12, 2016 | A | 19,368 | — | A | 433,220 | D | |
| Common StockF2 | Dec 12, 2016 | A | 74,027 | — | A | 507,247 | D | |
| Common StockF3 | holding | — | — | — | 6,095 | I | ACP Laurich Partnership, Ltd. | |
| Common StockF3 | holding | — | — | — | 9,168 | I | ACP-JRL Partnership, Ltd., a family limited partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents time-based RSU awards that will vest 1/3 on each of the days immediately prior to the first, second and third anniversaries of the grant date, subject to the executive's continued employment with the Company.
- F2Represents performance-based RSU awards that will vest based on the attainment of targets for total return to stockholders during the performance period running from December 12, 2016 to December 11, 2019, subject to the executive's continued employment with the Company.
- F3The Reporting Person disclaims beneficial owership 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.