ROTHSCHILD REALTY INVESTORS III LLC 4

4 · PARKWAY PROPERTIES INC · Filed Dec 14, 2004

Form 4Exit

Period: 2004-12-10

10% Owner

Transactions

Sale
Common Stock
[F1]
2004-12-10$50.28/sh−30,900$1,553,720→ 227,900 total(indirect: Note)
Sale
Common Stock
[F1]
2004-12-13$49.75/sh−177,200$8,815,913→ 250,700 total(indirect: Note)
Conversion
Series B Cumulative Convertible Preferred Stock
[F2][F3][F4][F1]
2004-12-10−150,000→ 1,003,499 total(indirect: Note)
→ Common Stock (150,000 underlying)
Conversion
Series B Cumulative Convertible Preferred Stock
[F2][F3][F4][F1]
2004-12-13−200,000→ 803,499 total(indirect: Note)
→ Common Stock (200,000 underlying)

Holdings

Warrants
[F3][F1]
(indirect: Note)
Exercise: $35.00Exp: 2007-10-05→ Common Stock (75,000 underlying)
75,000

Footnotes (4)

[F1]The amounts shown on Tables I and II represent the beneficial ownership by Five Arrows Realty Securities III L.L.C. ("Five Arrows"), of the securities reported in such tables, a portion of which may be attributable to the Reporting Person because the Reporting Person is the sole manager managing member of Five Arrows. The actual pro rata portion of such beneficial ownership that may be deemed attributable to the Reporting Person is not readily determinable because it is subject to several variables. The Reporting Person disclaims beneficial ownership of these securities to the extent in excess of his pecuniary interest therein.
[F2]Series B Cumulative Convertible Preferred Stock can be converted into like number of shares of Common Stock.
[F3]Immediate
[F4]No expiry date.

Signature

James E. Quigley 3rd, Manager on behalf of Rotshchild Realty Investors III L.L.C.|2004-12-14

Documents

1 file