4//SEC Filing
Schnur Steven W 4
Accession 0001062993-22-018145
CIK 0000783280other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 4:57 PM ET
Size
13.6 KB
Accession
0001062993-22-018145
Insider Transaction Report
Form 4
Schnur Steven W
Sr. Regional, EVP
Transactions
- Sale
Common Stock
2022-08-15$65.03/sh−2,707$176,036→ 0 total(indirect: By 401(k))
Holdings
- 3,575
LTIP Units
→ Common Stock (3,575 underlying) - 6,867
LTIP Units
→ Common Stock (6,867 underlying) - 8,937
LTIP Units
→ Common Stock (8,937 underlying) - 41,226
LTIP Units
→ Common Stock (41,226 underlying) - 6,437
Common Stock
- 87,592
Units
→ Common Stock (87,592 underlying)
Footnotes (8)
- [F1]Between February 14, 2022 and August 16, 2022, the Reporting Person acquired 11 shares of DRE common stock through dividend reinvestment.
- [F2]Between February 14, 2022 and August 16, 2022, the Reporting Person acquired 219 shares of DRE's common stock under the Company's 401(k) plan.
- [F3]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.
- [F4]LTIP Units vest in three equal installments beginning on February 10, 2021 and have no expiration date.
- [F5]LTIP Units vest in three equal installments beginning on February 10, 2022 and have no expiration date.
- [F6]LTIP Units vest in three equal installments beginning on February 10, 2023 and have no expiration date.
- [F7]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.
- [F8]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.
Issuer
DUKE REALTY CORP
CIK 0000783280
Entity typeother
Related Parties
1- filerCIK 0001730074
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 4:57 PM ET
- Size
- 13.6 KB