FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Thomas James A   2. Issuer Name and Ticker or Trading Symbol PARKWAY PROPERTIES INC [PKY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 390 N. ORANGE AVENUE, SUITE 2400 3. Date of Earliest Transaction (Month/Day/Year) 08/27/2014 (Street) ORLANDO, FL 32801 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 08/27/2014   S(1)   1,000 D $ 20.773 (2) 534,547 I By The Lumbee Clan Trust (3) Common Stock 08/27/2014   S(1)   1,000 D $ 20.773 (2) 1,057,616 I By Thomas Investment Partners, Ltd. (4) Common Stock 08/29/2014   S(1)   300 D $ 20.75 534,247 I By The Lumbee Clan Trust (3) Common Stock 08/29/2014   S(1)   400 D $ 20.75 1,057,216 I By Thomas Investment Partners, Ltd. (4) Common Stock               649 (5) D   Common Stock               238,357 I By Thomas Master Investments, LLC (6) Common Stock               3,895 I By Rosemary Pastron Trust (7) Common Stock               3,969 I By Otto Pastron Trust (7) Common Stock               42 I By Sarah Bane Trust (7) Common Stock               84 I By Samantha Bane Trust (7) Common Stock               210 I By Otto Pastron CUTMA (7) Common Stock               76 I By 1994 Trust (7) Common Stock               254,691 I By Thomas-Pastron Family Partnership, L.P. (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Thomas James A 390 N. ORANGE AVENUE SUITE 2400 ORLANDO, FL 32801	X

Signatures

/s/ Jeremy R. Dorsett, on behalf of James A. Thomas, as Attorney-in-Fact		08/29/2014
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the reporting person on August 12, 2014 for the sale of an aggregate of 200,000 shares.
(2)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.7500 to $20.8300, 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 range set forth in this footnote (2).
(3)	Securities are held by the Lumbee Clan Trust for which the reporting person serves as trustee and has discretion with respect to such securities. The amount of shares beneficially owned indirectly by the reporting person in the Lumbee Clan Trust was overstated by one in the initial Form 3 filed on December 23, 2013. This amount was reflected in subsequent Form 4s filed by the reporting person after the Form 3 was filed, but has been corrected in this Form 4. Additionally, the shares of common stock indirectly held by the reporting person in the Lumbee Clan Trust reported on this Form 4 now include 33,436 shares of common stock that were previously held directly by the reporting person.
(4)	Securities are held by the named partnership, which is controlled by the reporting person.
(5)	The amount of shares beneficially owned directly by the reporting person was overstated by one in the initial Form 3 filed on December 23, 2013. This amount was reflected in subsequent Form 4s filed by the reporting person after the Form 3 was filed, but has been corrected in this Form 4. Additionally, the 649 shares of common stock reported on this Form 4 as directly held by the reporting person reflect the transfer of 33,436 shares of common stock that were previously held directly by the reporting person to the Lumbee Clan Trust.
(6)	Securities are held by the named limited liability company, which is controlled by the reporting person.
(7)	Securities are held in trust for the benefit of an immediate family member of the reporting person. The reporting person is trustee of such trust. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

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