X0303 4 2011-01-09 0000729237 PARKWAY PROPERTIES INC PKY 0001205525 INGRAM JAMES M ONE JACKSON PLACE, SUITE 1000 188 EAST CAPITOL STREET JACKSON MS 39201 0 1 0 0 EVP & Chief Investment Officer Common Stock 2011-01-09 4 F 0 713 17.99 D 64096 D Common Stock 4250 I By Deferred Compensation Trust On January 9, 2011, 2,000 incentive restricted shares vested and the Reporting Person instructed the Company to withhold 713 shares to cover tax withholding obligations as permitted under the Company's 2003 Equity Incentive Plan, as amended. As of the date hereof, the Reporting Person's direct beneficial ownership includes 10,250 incentive restricted shares granted under the Company's 2003 Equity Incentive Plan, as amended, and 23,760 restricted shares granted under the Company's 2010 Omnibus Equity Incentive Plan, as amended, that have not yet vested. Michael C. Donlon, Attorney-in-Fact for James M. Ingram 2011-01-11