Nicholas C. Anthony - 10 Feb 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: 10 Feb 2022
Net transactions value: -$283,443
Form type: 4
Filing time: 14 Feb 2022, 13:49:08 UTC
Previous filing: 28 Jan 2022
Next filing: 05 Oct 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	+8,937	+15%	$0.000000	68,232	10 Feb 2022	Direct	F1
transaction	DRE	Common Stock	Tax liability	$283,443	-5,066	-7.4%	$55.95	63,166	10 Feb 2022	Direct	F2
holding	DRE	Common Stock						808	10 Feb 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						18,904	10 Feb 2022	Common Stock	18,904		Direct	F3
holding	DRE	Units						75,568	10 Feb 2022	Common Stock	75,568		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.