Norman K. Jenkins - Feb 10, 2022 Form 4 Insider Report for DUKE REALTY CORP (DRE)

Role
Director
Signature
Neal A. Lewis for Norman K. Jenkins per POA prev. filed.
Stock symbol
DRE
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/14/2022, 11:16 AM
Previous filing
Jan 5, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRE Common Stock Award $0 +2.59K +79.05% $0.00 5.87K Feb 10, 2022 Direct F1
transaction DRE Common Stock Disposed to Issuer -3.28K -55.85% 2.59K Feb 10, 2022 Direct F2

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
transaction DRE Phantom Stock Units Award +3.28K +11.7% 31.3K Feb 10, 2022 Common Stock 3.28K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
F2 Pursuant to a previous election under the Directors' Deferred Compensation Plan of Duke Realty Corporation, upon the vesting of restricted stock units, the Reporting Person deferred the receipt of 3,279 shares of common stock and instead received 3,279 shares of phantom stock.
F3 Represents phantom stock units accrued under the Directors' Deferred Compensation Plan of Duke Realty Corporation. The units are valued on a one to one basis to the Company's common stock and are to be settled in cash and stock upon the Reporting Person's termination as a director of the Issuer.