4//SEC Filing
Dee Ann C. 4
Accession 0001062993-22-020579
CIK 0000783280other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 6:34 PM ET
Size
26.6 KB
Accession
0001062993-22-020579
Insider Transaction Report
Form 4
Dee Ann C.
EVP,General Counsel & Corp Sec
Transactions
- Award
Common Stock
2022-10-03+74,128→ 155,452 total - Disposition to Issuer
Common Stock
2022-10-03$51.88/sh−74,128$3,845,761→ 74,289 total - Tax Payment
Common Stock
2022-10-03$48.26/sh−7,035$339,509→ 148,417 total - Disposition to Issuer
Common Stock
2022-10-03−1,469→ 0 total(indirect: By Spouse) - Disposition to Issuer
LTIP Units
2022-10-03−13,653→ 0 total→ Common Stock (13,653 underlying) - Disposition to Issuer
Common Stock
2022-10-03−74,289→ 0 total - Tax Payment
Phantom Stock Units
2022-10-03$48.26/sh−6,523$314,800→ 13,868 total→ Common Stock (6,523 underlying) - Disposition to Issuer
Phantom Stock Units
2022-10-03−9,260→ 0 total→ Common Stock (9,260 underlying) - Disposition to Issuer
Common Stock
2022-10-03−3,051→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Units
2022-10-03−96,733→ 0 total→ Common Stock (96,733 underlying) - Disposition to Issuer
Phantom Stock Units
2022-10-03$48.26/sh−4,608$222,382→ 9,260 total→ Common Stock (4,608 underlying)
Footnotes (18)
- [F1]Represents an award of performance share plan units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
- [F10]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.
- [F11]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 6,485 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
- [F12]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.
- [F13]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 45,948 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
- [F14]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.
- [F15]Represents shares withheld for taxes upon the distribution of deferred shares granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934.
- [F16]Between February 14, 2022 and October 5, 2022, the Reporting Person acquired 255 shares of DRE common stock through dividend reinvestment.
- [F17]This award was canceled in the merger in exchange for a cash payment of $222,382.
- [F18]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 4,398 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.
- [F2]Between February 14, 2022 and October 5, 2022, the Reporting Person acquired 261 shares of DRE common stock through dividend reinvestment.
- [F3]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.
- [F4]This award was canceled in the merger in exchange for a cash payment of $3,845,636.
- [F5]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 35,287 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.
- [F6]Between February 14, 2022 and October 5, 2022, the Reporting Person acquired 15 shares of DRE common stock through dividend reinvestment.
- [F7]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 697 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.
- [F8]Between February 14, 2022 and October 5, 2022, the Reporting Person acquired 253 shares of DRE's common stock under the Company's 401(k) plan.
- [F9]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 1,449 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.
Issuer
DUKE REALTY CORP
CIK 0000783280
Entity typeother
Related Parties
1- filerCIK 0001665618
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 6:34 PM ET
- Size
- 26.6 KB