CLARK SARAH P 4

4 · PARKWAY PROPERTIES INC · Filed Jun 29, 2006

Form 4

Period: 2006-06-27

Senior Vice President

Transactions

Holdings

Common Stock
(indirect: By Trust)
10,500
Stock Options
Exercise: $30.13Exp: 2010-05-30→ Common Stock (4,173 underlying)
4,173
8.00% Series D Preferred Stock
(indirect: By Children)
570
Stock Options
Exercise: $33.65Exp: 2011-07-22→ Common Stock (4,000 underlying)
4,000
Common Stock
(indirect: By Children)
750
Stock Options
Exercise: $31.13Exp: 2008-06-04→ Common Stock (5,463 underlying)
5,463

Footnotes (5)

[F1]On June 27, 2006, the Compensation Committee approved this award of restricted shares pursuant to the Company's 2003 Equity Incentive Plan to be effective July 1, 2006. Upon the satisfaction of certain performance goals established by the Compensation Committee, these restricted shares will vest on January 10, 2009.
[F2]On June 27, 2006, the Compensation Committee approved this award of restricted shares pursuant to the Company's 2003 Equity Incentive Plan to be effective July 1, 2006. These restricted shares will vest on July 1, 2010.
[F3]Includes an additional 10,000 incentive restricted shares granted under the Company's 2003 Equity Incentive Plan that have not yet vested.
[F4]On March 31, 2006, the Reporting person received a distribution of 3,500 shares from the Company's Deferred Compensation Trust in a transaction exempt from reporting under Rule 16a-13.
[F5]All of the options are currently exercisable.

Documents

1 file