Filing Details

Accession Number:
0001820037-21-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-17 11:26:39
Reporting Period:
2021-03-15
Accepted Time:
2021-03-17 11:26:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
783280 Duke Realty Corp DRE Real Estate Investment Trusts (6798) 351740409
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1507648 B. James Connor 8711 River Crossing Boulevard
Indianapolis IN 46240
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-03-15 20,000 $41.06 141,758 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,653 Indirect By the Linda P. Connor Declaration of Trust dated 6/30/2005
Common Stock 14,273 Indirect By 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Phantom Stock Units $0.00 15,234 15,234 Direct
Common Stock LTIP Units $0.00 14,350 14,350 Direct
Common Stock LTIP Units $0.00 27,711 27,711 Direct
Common Stock LTIP Units $0.00 39,934 39,934 Direct
Common Stock LTIP Units $0.00 92,603 92,603 Direct
Common Stock Units $0.00 448,022 448,022 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
15,234 15,234 Direct
14,350 14,350 Direct
27,711 27,711 Direct
39,934 39,934 Direct
92,603 92,603 Direct
448,022 448,022 Direct
Footnotes
  1. Between February 12, 2021 and March 17, 2021, the Reporting Person acquired 302 shares of DRE's common stock under the Company's 401(k) plan.
  2. Represents phantom stock units vested under the 2000 Performance Share Plan of Duke Realty Corporation. Between February 12, 2021 and March 17, 2021, the Reporting Person acquired 98 phantom stock units through dividend reinvestment. The units are valued on a one to one basis to the Company's common stock and are to be settled in stock upon the termination of employment.
  3. Represents units of limited partnership interest (LTIP Unit) in Duke Realty Limited Partnership (DRLP), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based incentive programs. When both earned and vested, each LTIP Unit will automatically convert into a Common Unit of limited partnership interest in DRLP. Each Common Unit acquired upon the conversion of an LTIP Unit is redeemable by the holder for shares of common stock of the Issuer on a one-for-one basis. LTIP Units converted to Common Units are generally not redeemable until two years from the date of the grant.
  4. LTIP Units vest in three equal installments beginning on February 10, 2020 and have no expiration date.
  5. LTIP Units vest in three equal installments beginning on February 10, 2021 and have no expiration date.
  6. LTIP Units vest in three equal installments beginning on February 10, 2022 and have no expiration date.
  7. LTIP Units awarded in lieu of performance share plan units and upon meeting the performance-based conditions, pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934. LTIP Units are awarded according to the terms described in footnote 3 and have no expiration date.
  8. Represents LTIP Units that have converted to Common Units of DRLP. Each Common Unit is redeemable by the holder for shares of common stock of the Issuer on a one-for-one basis. LTIP Units converted to Common Units are generally not redeemable until two years from the date of grant and have no expiration date.