Filing Details

Accession Number:
0001062993-22-017185
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-03 16:42:10
Reporting Period:
2022-08-01
Accepted Time:
2022-08-03 16:42:10
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-08-01 140,000 $0.00 140,000 No 4 C Direct
Common Stock Disposition 2022-08-03 140,000 $62.13 0 No 4 S Direct
Common Stock Disposition 2022-08-03 9,652 $62.13 0 No 4 S Indirect By 401(k) Plan
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Indirect By 401(k) Plan
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Units Disposition 2022-08-01 140,000 $0.00 140,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
85,254 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock LTIP Units $0.00 4,469 4,469 Direct
Common Stock LTIP Units $0.00 8,188 8,188 Direct
Common Stock LTIP Units $0.00 10,724 10,724 Direct
Common Stock LTIP Units $0.00 63,114 63,114 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
4,469 4,469 Direct
8,188 8,188 Direct
10,724 10,724 Direct
63,114 63,114 Direct
Footnotes
  1. The Reporting Person redeemed 140,000 Common Units of Duke Realty Limited Partnership (DRLP), of which the Issuer is the general partner. Common Units are described in footnote 9.
  2. 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.
  3. Between February 14, 2022 and August 3, 2022, the Reporting Person acquired 12 shares of DRE's common stock under the Company's 401(k) Plan.
  4. 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.
  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 vest in three equal installments beginning on February 10, 2023 and have no expiration date.
  8. 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.
  9. 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.