4//SEC Filing
Harrington Peter D. 4
Accession 0001404930-20-000029
CIK 0000783280other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 2:47 PM ET
Size
20.3 KB
Accession
0001404930-20-000029
Insider Transaction Report
Form 4
Harrington Peter D.
EVP,Construction
Transactions
- Award
Phantom Stock Units
2020-02-10+3,308→ 54,779 total→ Common Stock (3,308 underlying) - Award
Common Stock
2020-02-10+5,435→ 11,269 total - Tax Payment
Common Stock
2020-02-10$37.29/sh−103$3,841→ 11,166 total - Disposition to Issuer
Common Stock
2020-02-10−3,308→ 7,858 total - Other
LTIP Units
2020-02-10−1,842→ 0 total→ Common Stock (1,842 underlying) - Other
LTIP Units
2020-02-10−2,097→ 4,193 total→ Common Stock (2,097 underlying) - Other
Units
2020-02-10+3,939→ 18,675 total→ Common Stock (3,939 underlying)
Holdings
- 117(indirect: By 401(k))
Common Stock
- 4,307
LTIP Units
→ Common Stock (4,307 underlying)
Footnotes (10)
- [F1]Represents an award of restricted stock units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
- [F10]Represents phantom stock units acquired 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.
- [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]Pursuant to a previous election under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership, upon the vesting of restricted stock units, the Reporting Person deferred the receipt of 3,308 shares of common stock and received instead 3,308 shares of phantom stock.
- [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 earned and vested, each LTIP Unit may be converted 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 are generally not convertible until two years from the date of the grant.
- [F5]LTIP Units converted into Common Units of limited partnership interest in DRLP according to terms described above.
- [F6]LTIP Units vest in three equal installments beginning on February 10, 2018 and have no expiration date.
- [F7]LTIP Units vest in three equal installments beginning on February 10, 2020 and have no expiration date.
- [F8]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.
- [F9]Represents 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. Common Units have no expiration date.
Documents
Issuer
DUKE REALTY CORP
CIK 0000783280
Entity typeother
Related Parties
1- filerCIK 0001678917
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 2:47 PM ET
- Size
- 20.3 KB