CAVANAUGH WILLIAM III 4
4 · DUKE REALTY CORP · Filed Feb 13, 2018
Insider Transaction Report
Form 4
CAVANAUGH WILLIAM III
Director
Transactions
- Award
Common Stock
2018-02-10+4,927→ 54,571 total - Disposition to Issuer
Common Stock
2018-02-10−5,242→ 49,329 total - Award
Phantom Stock Units
2018-02-10+5,242→ 129,986 total→ Common Stock (5,242 underlying)
Footnotes (3)
- [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]Pursuant to a previous election under the Directors' Deferred Compensation Plan of Duke Realty Corporation, upon the vesting of restricted stock units, the Reporting Person deferred the receipt of 5,242 shares of common stock and instead received 5,242 shares of phantom stock.
- [F3]Represents phantom stock units accrued under the Directors' Deferred Compensation Plan of Duke Realty Corporation. The units are valued on a one to one basis to the Company's common stock and are to be settled in cash and stock upon the Reporting Person's termination as a director of the Issuer.