4//SEC Filing
ROGERS STEVEN G 4
Accession 0001196395-11-000077
CIK 0000729237other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 8:31 PM ET
Size
8.1 KB
Accession
0001196395-11-000077
Insider Transaction Report
Form 4
ROGERS STEVEN G
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2011-08-08$13.03/sh−39,000$507,991→ 259,838 total
Holdings
- 16,108(indirect: By Spouse)
Common Stock
- 1,100(indirect: By IRA)
8.00% Series D Preferred Stock
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan (the "Plan") adopted by the Reporting Person on May 23, 2011 which provided for the sale of shares of the Common Stock that were distributed to the Reporting Person from the Company's Deferred Compensation Trust earlier this year. With the sales of the shares reported herein, the Plan has been completed and no future sales may occur pursuant to the Plan. Rule 10b5-1, promulgated under the Securities Exchange Act of 1934, allows significant shareholders of a company who are not in possession of material non-public information to establish pre-arranged plans to buy or sell a specified number of shares of such company's stock. Once a plan is established, the shareholder does not retain or exercise any discretion over sales of stock under the plan and the pre-planned trades may be executed at dates as set forth in the plan.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.99 to $13.96, inclusive. The reporting person undertakes to provide to Parkway Properties, Inc., any security holder of Parkway Properties, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]As of the date hereof, the Reporting Person's direct beneficial ownership includes 18,250 incentive restricted shares granted under the Company's 2003 Equity Incentive Plan, as amended, and 91,575 restricted shares granted under the Company's 2010 Omnibus Equity Incentive Plan, as amended, that have not yet vested.
- [F4]The Reporting Person disclaims beneficial ownesrhip 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.
Documents
Issuer
PARKWAY PROPERTIES INC
CIK 0000729237
Entity typeother
Related Parties
1- filerCIK 0001199668
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 8:31 PM ET
- Size
- 8.1 KB