Ann C. Dee - 02 Nov 2021 Form 4 Insider Report for DUKE REALTY CORP

Role
EVP,General Counsel & Corp Sec
Signature
Neal A. Lewis for Ann C. Dee per POA prev. filed.
Issuer symbol
N/A
Transactions as of
02 Nov 2021
Net transactions value
$0
Form type
4
Filing time
04 Nov 2021, 09:45:35 UTC
Next filing
16 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRE Common Stock Gift $0 -1,795 -3.6% $0.000000 48,423 02 Nov 2021 Direct F1
holding DRE Common Stock 1,447 02 Nov 2021 By Spouse F2
holding DRE Common Stock 2,701 02 Nov 2021 By 401(k) Plan F3

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 21,084 02 Nov 2021 Common Stock 21,084 Direct F4, F5
holding DRE Units 89,302 02 Nov 2021 Common Stock 89,302 Direct F6
holding DRE Phantom Stock Units 20,062 02 Nov 2021 Common Stock 20,062 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between April 1, 2021 and November 4, 2021, the Reporting Person acquired 185 shares of DRE common stock through dividend reinvestment.
F2 Between April 1, 2021 and November 4, 2021, the Reporting Person acquired 15 shares of DRE common stock through dividend reinvestment.
F3 Between April 1, 2021 and November 4, 2021, the Reporting Person acquired 28 shares of DRE's common stock under the Company's 401(k) plan.
F4 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.
F5 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 4 and have no expiration date.
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.
F7 Represents phantom stock units accrued under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between April 1, 2021 and November 4, 2021, the Reporting Person acquired 158 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.