The 3-12 x 44 FFP has 10Y parallax.
The new 3-12 x 44 LRHS will do 7Y parallax and also offers a 10 mil elevation knob and zero stop. The LRHS supposedly has a more forgiving eyebox at 10-12x than the regular 3-12 x 44 FFP which gets kind of tight up around 10-12x but I can't confirm that yet as I'm still waiting for my LRHS to arrive.