4//SEC Filing
PARKWAY PROPERTIES INC 4
Accession 0000729237-16-000103
CIK 0000729237operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:21 PM ET
Size
7.8 KB
Accession
0000729237-16-000103
Insider Transaction Report
Form 4
Bates Jason A
EVP & CHIEF INVESTMENT OFFICER
Transactions
- Award
Common Stock
2016-02-18+15,840→ 53,478 total - Award
LTIP Units
2016-02-18+23,760→ 23,760 total→ Common OP Units (23,760 underlying)
Footnotes (2)
- [F1]Represents time-based RSU awards that will vest 25% on each of the first, second, third and fourth anniversaries of the grant date, subject to the executive's continued employment with the Company.
- [F2]Represents performance-based LTIP units that will vest based on the attainment of targets for total return to stockholders during the performance period running from February 18, 2016 to February 17, 2019, subject to the executive's continued employment with the Company. Subject to the satisfaction of the vesting requirements and certain restrictions set forth in the limited partnership agreement of Parkway Properties LP, each LTIP unit may be converted, at the election of the executive or the Company, into an OP unit. Each OP unit acquired upon conversion of an LTIP unit may be redeemed, at the election of the executive, for cash equal to the then fair market value of a share of common stock, except that the Company may, at its election, acquire each OP unit so presented for redemption for one share of common stock.
Documents
Issuer
PARKWAY PROPERTIES INC
CIK 0000729237
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000729237
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:21 PM ET
- Size
- 7.8 KB