Nicholas C. Anthony - Jan 26, 2022 Form 4 Insider Report for DUKE REALTY CORP (DRE)

Role
EVP, Chief Investment Officer
Signature
Neal A. Lewis for Nicholas C. Anthony per POA prev. filed.
Stock symbol
DRE
Transactions as of
Jan 26, 2022
Transactions value $
-$1,372,034
Form type
4
Date filed
1/28/2022, 07:51 AM
Previous filing
Sep 7, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRE Common Stock Award $0 +61.5K +278.38% $0.00 83.6K Jan 26, 2022 Direct F1, F2
transaction DRE Common Stock Tax liability -$1.37M -24.3K -29.07% $56.46 59.3K Jan 26, 2022 Direct F3
holding DRE Common Stock 808 Jan 26, 2022 By 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DRE Phantom Stock Units 18.9K Jan 26, 2022 Common Stock 18.9K Direct F5
holding DRE Units 75.6K Jan 26, 2022 Common Stock 75.6K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Between September 7, 2021 and January 28, 2022, the Reporting Person acquired 106 shares of DRE common stock through dividend reinvestment.
F3 Represents shares withheld for taxes upon the vesting of performance share plan units granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934.
F4 Between September 7, 2021 and January 28, 2022, the Reporting Person acquired 54 shares of DRE's common stock under the Company's 401(k) plan.
F5 Represents phantom stock units acquired under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between September 7, 2021 and January 28, 2022, the Reporting Person acquired 90 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.
F6 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.