Steven W. Schnur - 15 Aug 2022 Form 4 Insider Report for DUKE REALTY CORP

Role: EVP, Chief Operating Officer
Signature: Neal A. Lewis for Steven W. Schnur per POA prev. filed.
Issuer symbol: N/A
Transactions as of: 15 Aug 2022
Net transactions value: -$176,036
Form type: 4
Filing time: 16 Aug 2022, 16:57:03 UTC
Previous filing: 14 Feb 2022
Next filing: 24 Aug 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	Sale	$176,036	-2,707	-100%	$65.03	0	15 Aug 2022	By 401(k) Plan	F2
holding	DRE	Common Stock						6,437	15 Aug 2022	Direct	F1

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	LTIP Units						3,575	15 Aug 2022	Common Stock	3,575		Direct	F3, F4
holding	DRE	LTIP Units						6,867	15 Aug 2022	Common Stock	6,867		Direct	F3, F5
holding	DRE	LTIP Units						8,937	15 Aug 2022	Common Stock	8,937		Direct	F3, F6
holding	DRE	LTIP Units						41,226	15 Aug 2022	Common Stock	41,226		Direct	F3, F7
holding	DRE	Units						87,592	15 Aug 2022	Common Stock	87,592		Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Between February 14, 2022 and August 16, 2022, the Reporting Person acquired 11 shares of DRE common stock through dividend reinvestment.
F2	Between February 14, 2022 and August 16, 2022, the Reporting Person acquired 219 shares of DRE's common stock under the Company's 401(k) plan.
F3	Represents units of limited partnership interest (LTIP Unit) in Duke Realty Limited Partnership (DRLP), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based incentive programs. When both earned and vested, each LTIP Unit will automatically convert into a Common Unit of limited partnership interest in DRLP. Each Common Unit acquired upon the conversion of an LTIP 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 the grant.
F4	LTIP Units vest in three equal installments beginning on February 10, 2021 and have no expiration date.
F5	LTIP Units vest in three equal installments beginning on February 10, 2022 and have no expiration date.
F6	LTIP Units vest in three equal installments beginning on February 10, 2023 and have no expiration date.
F7	LTIP Units awarded in lieu of performance share plan units and upon meeting the performance-based conditions, pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934. LTIP Units are awarded according to the terms described in footnote 3 and have no expiration date.
F8	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.