4//SEC Filing
Harrington Peter D. 4
Accession 0001820037-21-000046
CIK 0000783280other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 8:31 AM ET
Size
14.0 KB
Accession
0001820037-21-000046
Insider Transaction Report
Form 4
Harrington Peter D.
EVP,Construction
Transactions
- Sale
Common Stock
2021-09-08$53.44/sh−1,969$105,223→ 0 total(indirect: By 401(k))
Holdings
- 3,925
Common Stock
- 2,096
LTIP Units
→ Common Stock (2,096 underlying) - 4,945
LTIP Units
→ Common Stock (4,945 underlying) - 12,424
LTIP Units
→ Common Stock (12,424 underlying) - 33,832
Units
→ Common Stock (33,832 underlying) - 61,358
Phantom Stock Units
→ Common Stock (61,358 underlying)
Footnotes (8)
- [F1]Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 63 shares of DRE common stock through dividend reinvestment.
- [F2]Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 865 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, 2020 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 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 3 and have no expiration date.
- [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 acquired under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 1,017 shares of common stock through dividend reinvestment. 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.
Documents
Issuer
DUKE REALTY CORP
CIK 0000783280
Entity typeother
Related Parties
1- filerCIK 0001678917
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 8:31 AM ET
- Size
- 14.0 KB