4//SEC Filing
Dee Ann C. 4
Accession 0001062993-22-004172
CIK 0000783280other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 2:55 PM ET
Size
13.6 KB
Accession
0001062993-22-004172
Insider Transaction Report
Form 4
Dee Ann C.
EVP,General Counsel & Corp Sec
Transactions
- Award
Common Stock
2022-02-10+7,150→ 85,182 total - Tax Payment
Common Stock
2022-02-10$55.95/sh−4,119$230,458→ 81,063 total
Holdings
- 1,454(indirect: By Spouse)
Common Stock
- 13,653
LTIP Units
→ Common Stock (13,653 underlying) - 20,136
Phantom Stock Units
→ Common Stock (20,136 underlying) - 2,798(indirect: By 401(k))
Common Stock
- 96,733
Units
→ Common Stock (96,733 underlying)
Footnotes (8)
- [F1]Represents an award of restricted stock units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
- [F2]Represents shares withheld for taxes upon the vesting of restricted stock units granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934.
- [F3]Between January 28, 2022 and February 14, 2022, the Reporting Person acquired 34 shares of DRE's common stock under the Company's 401(k) plan.
- [F4]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.
- [F5]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 4 and have no expiration date.
- [F6]Reflects a balance change from LTIP Units to Common Units due to lapse in holding period requirement.
- [F7]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.
- [F8]Represents phantom stock units accrued under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. 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.
Issuer
DUKE REALTY CORP
CIK 0000783280
Entity typeother
Related Parties
1- filerCIK 0001665618
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 2:55 PM ET
- Size
- 13.6 KB