Nicholas C. Anthony - Feb 10, 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
Feb 10, 2022
Transactions value $
-$283,443
Form type
4
Date filed
2/14/2022, 01:49 PM
Previous filing
Jan 28, 2022
Next filing
Oct 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRE Common Stock Award $0 +8.94K +15.07% $0.00 68.2K Feb 10, 2022 Direct F1
transaction DRE Common Stock Tax liability -$283K -5.07K -7.42% $55.95 63.2K Feb 10, 2022 Direct F2
holding DRE Common Stock 808 Feb 10, 2022 By 401(k) Plan

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 Feb 10, 2022 Common Stock 18.9K Direct F3
holding DRE Units 75.6K Feb 10, 2022 Common Stock 75.6K Direct F4
* 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 Represents shares withheld for taxes upon the vesting of restricted stock units granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934.
F3 Represents phantom stock units acquired under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. 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.
F4 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.