Filing Details

Accession Number:
0001820037-21-000046
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-10 08:31:03
Reporting Period:
2021-09-08
Accepted Time:
2021-09-10 08:31:03
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
1678917 D. Peter Harrington 8711 River Crossing Boulevard
Indianapolis IN 46240
Evp, Construction No 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 2021-09-08 1,969 $53.44 0 No 4 S Indirect By 401(k) Plan
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By 401(k) Plan
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,925 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock LTIP Units $0.00 2,096 2,096 Direct
Common Stock LTIP Units $0.00 4,945 4,945 Direct
Common Stock LTIP Units $0.00 12,424 12,424 Direct
Common Stock Units $0.00 33,832 33,832 Direct
Common Stock Phantom Stock Units $0.00 61,358 61,358 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2,096 2,096 Direct
4,945 4,945 Direct
12,424 12,424 Direct
33,832 33,832 Direct
61,358 61,358 Direct
Footnotes
  1. Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 63 shares of DRE common stock through dividend reinvestment.
  2. Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 865 shares of DRE's common stock under the Company's 401(k) plan.
  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, 2022 and have no expiration date.
  6. 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 3 and have no expiration date.
  7. 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.
  8. Represents phantom stock units acquired under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 1,017 shares of common stock 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 cash and/or stock upon the Reporting Person's termination of employment.