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Filing Details

Accession Number:: 0001820037-21-000038
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-05 13:00:00
Reporting Period:: 2021-05-03

Accepted Time:: 2021-05-05 12:53:24
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
1431678	A Mark Denien	8711 River Crossing Boulevard Indianapolis IN 46240	Evp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-05-03	46,000	$0.00	46,000	No	4	C	Direct
Common Stock	Disposition	2021-05-03	46,000	$46.43	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Units	Disposition	2021-05-03	46,000	$0.00	46,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
170,508			No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	9,573	Indirect	By 401(k) Plan

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Common Stock	LTIP Units	$0.00	4,981	4,981	Direct
Common Stock	LTIP Units	$0.00	8,939	8,939	Direct
Common Stock	LTIP Units	$0.00	12,282	12,282	Direct
Common Stock	LTIP Units	$0.00	32,038	32,038	Direct

Amount	Remaning Holdings	Nature of Ownership
4,981	4,981	Direct
8,939	8,939	Direct
12,282	12,282	Direct
32,038	32,038	Direct

Footnotes

The Reporting Person redeemed 46,000 Common Units of Duke Realty Limited Partnership (DRLP), of which the Issuer is the general partner. Common Units are described in footnote 9.
In addition to security ownership disclosed above in Table I, Reporting Person's beneficial ownership of company securities includes derivative LTIP partnership unit securities disclosed in Table II.
Between February 12, 2021 and May 5, 2021, the Reporting Person acquired 8 shares of DRE's common stock under the Company's 401(k) Plan.
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.
LTIP Units vest in three equal installments beginning on February 10, 2020 and have no expiration date.
LTIP Units vest in three equal installments beginning on February 10, 2021 and have no expiration date.
LTIP Units vest in three equal installments beginning on February 10, 2022 and have no expiration date.
LTIP Units awarded in lieu of performance share plan units, upon meeting the performance-based conditions and 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 4 and have no expiration date.
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.