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

Role: EVP, Chief Investment Officer
Signature: Neal A. Lewis for Nicholas C. Anthony per POA prev. filed.
Issuer symbol: N/A
Transactions as of: 26 Jan 2022
Net transactions value: -$1,372,034
Form type: 4
Filing time: 28 Jan 2022, 07:51:53 UTC
Previous filing: 07 Sep 2021
Next filing: 14 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DRE	Common Stock	Award	$0	+61,503	+278%	$0.000000	83,596	26 Jan 2022	Direct	F1, F2
transaction	DRE	Common Stock	Tax liability	$1,372,034	-24,301	-29%	$56.46	59,295	26 Jan 2022	Direct	F3
holding	DRE	Common Stock						808	26 Jan 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						18,904	26 Jan 2022	Common Stock	18,904		Direct	F5
holding	DRE	Units						75,568	26 Jan 2022	Common Stock	75,568		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.