Peter D. Harrington - 08 Sep 2021 Form 4 Insider Report for DUKE REALTY CORP

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
10 Sep 2021, 08:31:03 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Neal A. Lewis for Peter D. Harrington per POA prev. filed.

Key filing fact

Peter D. Harrington filed Form 4 for DUKE REALTY CORP on 10 Sep 2021.

Key facts

  • This page summarizes Peter D. Harrington's Form 4 filing for DUKE REALTY CORP.
  • 1 reported transaction and 5 derivative rows are listed below.
  • Accepted by SEC: 10 Sep 2021, 08:31.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$105,223.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DRE transaction

Common Stock

Sale

Transaction value
$105,223
Shares
-1,969
Change %
-100%
Price
$53.44
Shares after
0
Date
08 Sep 2021
Ownership
By 401(k) Plan
Footnotes
F2
DRE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,925
Date
08 Sep 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DRE holding Derivative

LTIP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,096
Date
08 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,096
Exercise price
Footnotes
F3, F4
DRE holding Derivative

LTIP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,945
Date
08 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,945
Exercise price
Footnotes
F3, F5
DRE holding Derivative

LTIP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
12,424
Date
08 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,424
Exercise price
Footnotes
F3, F6
DRE holding Derivative

Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
33,832
Date
08 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
33,832
Exercise price
Footnotes
F7
DRE holding Derivative

Phantom Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
61,358
Date
08 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
61,358
Exercise price
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 63 shares of DRE common stock through dividend reinvestment.

Footnote F2

Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 865 shares of DRE's common stock under the Company's 401(k) plan.

Footnote 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.

Footnote F4

LTIP Units vest in three equal installments beginning on February 10, 2020 and have no expiration date.

Footnote F5

LTIP Units vest in three equal installments beginning on February 10, 2022 and have no expiration date.

Footnote F6

LTIP Units awarded in lieu of performance share plan units, upon meeting the performance-based conditions and 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.

Footnote F7

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.

Footnote F8

Represents phantom stock units acquired under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between February 12, 2021 and September 10, 2021, the Reporting Person acquired 1,017 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.

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