Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001404930-20-000039
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-11 14:24:54
Reporting Period:
2020-06-09
Accepted Time:
2020-06-11 14:24:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
783280 Duke Realty Corp DRE Real Estate Investment Trusts (6798) 351740409
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1431678 A Mark Denien 8711 River Crossing Boulevard
Indianapolis IN 46240
Evp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-06-09 4,881 $37.16 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 9,502 Indirect By 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock LTIP Units $0.00 5,557 5,557 Direct
Common Stock LTIP Units $0.00 9,962 9,962 Direct
Common Stock LTIP Units $0.00 13,409 13,409 Direct
Common Stock LTIP Units $0.00 22,199 22,199 Direct
Common Stock Units $0.00 157,269 157,269 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,557 5,557 Direct
9,962 9,962 Direct
13,409 13,409 Direct
22,199 22,199 Direct
157,269 157,269 Direct
Footnotes
  1. Balance reflects adjustment for rounding of fractional shares.
  2. Between February 12, 2020 and June 11, 2020, the Reporting Person acquired 15 shares of DRE's common stock under the Company's 401(k) plan.
  3. 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.
  4. LTIP Units vest in three equal installments beginning on February 10, 2019 and have no expiration date.
  5. LTIP Units vest in three equal installments beginning on February 10, 2020 and have no expiration date.
  6. LTIP Units vest in three equal installments beginning on February 10, 2021 and have no expiration date.
  7. 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.
  8. 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.