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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Thomas James A
2. Issuer Name and Ticker or Trading Symbol

Parkway, 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)

800 N. MAGNOLIA AVENUE, SUITE 1625
3. Date of Earliest Transaction (MM/DD/YYYY)

5/23/2017
(Street)

ORLANDO, FL 32803
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   5/23/2017     A    6425   (1) A $0   7861   D  
 
Common Stock                  48565   I   By Thomas Master Investments, LLC   (2)
Common Stock                  793   I   By Rosemary Pastron Trust   (3)
Common Stock                  808   I   By Otto Pastron Trust   (3)
Common Stock                  96771   I   By The Lumbee Clan Trust   (4)
Common Stock                  8   I   By Sarah Bane Trust   (3)
Common Stock                  17   I   By Samantha Bane Trust   (3)
Common Stock                  203590   I   By Thomas Investment Partners, Ltd.   (5)
Common Stock                  42   I   By Otto Pastron CUTMA   (3)
Common Stock                  15   I   By 1994 Trust   (3)
Common Stock                  51893   I   By Thomas-Pastron Family Partnership, L.P.   (5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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

Explanation of Responses:
(1)  Annual retainer stock award pursuant to the Issuer's Independent Director Compensation Policy under the 2016 Omnibus Equity Incentive Plan. A portion of the stock award includes a grant in connection with the Reporting Person's initial appointment to the Issuer's Board of Directors.
(2)  Securities are held by the named limited liability company, which is controlled by the reporting person.
(3)  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.
(4)  Securities are held by the Lumbee Clan Trust for which the reporting person serves as trustee and has discretion with respect to such securities.
(5)  Securities are held by the named partnership, which is controlled by the reporting person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Thomas James A
800 N. MAGNOLIA AVENUE
SUITE 1625
ORLANDO, FL 32803
X



Signatures
/s/ A. Noni Holmes-Kidd, on behalf of James A. Thomas, as Attorney-in-Fact 5/23/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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