Nicholas C. Anthony - 03 Oct 2022 Form 4 Insider Report for DUKE REALTY CORP

Reporting relationship: EVP, Chief Investment Officer
Issuer ticker: N/A
Reported as of: 03 Oct 2022
Net transaction value: -$5,431,034
SEC form: 4
Accepted by SEC: 05 Oct 2022, 18:32:36 UTC
Prior SEC filing: 14 Feb 2022
Source filing: View source filing
Reporting owner signature: Neal A. Lewis for Nicholas C. Anthony per POA prev. filed.

Key filing fact

Nicholas C. Anthony filed Form 4 for DUKE REALTY CORP on 05 Oct 2022.

Key facts

This page summarizes Nicholas C. Anthony's Form 4 filing for DUKE REALTY CORP.
8 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 05 Oct 2022, 18:32.

Change

Previous filing in this sequence was filed on 14 Feb 2022.
Current net transaction value: -$5,431,034.

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

Award

Transaction value: $0
Shares: +89,294
Change %: +141%
Price: $0.000000
Shares after: 152,780
Date: 03 Oct 2022
Ownership: Direct
Footnotes: F1, F2

DRE transaction

Common Stock

Tax liability

Transaction value: $415,181
Shares: -8,603
Change %: -5.6%
Price: $48.26
Shares after: 144,177
Date: 03 Oct 2022
Ownership: Direct
Footnotes: F3

DRE transaction

Common Stock

Disposed to Issuer

Transaction value: $4,632,573
Shares: -89,294
Change %: -62%
Price: $51.88
Shares after: 54,883
Date: 03 Oct 2022
Ownership: Direct
Footnotes: F4

DRE transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -54,883
Change %: -100%
Price
Shares after: 0
Date: 03 Oct 2022
Ownership: Direct
Footnotes: F5

DRE transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -821
Change %: -100%
Price
Shares after: 0
Date: 03 Oct 2022
Ownership: By 401(k) Plan
Footnotes: F6, F7

Reported derivative securities

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

DRE transaction Derivative

Phantom Stock Units

Tax liability

Transaction value: $383,281
Shares: -7,942
Change %: -41%
Price: $48.26
Shares after: 11,273
Date: 03 Oct 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,942
Exercise price
Footnotes: F8, F9, F10

DRE transaction Derivative

Phantom Stock Units

Disposed to Issuer

Transaction value
Shares: -11,273
Change %: -100%
Price
Shares after: 0
Date: 03 Oct 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,273
Exercise price
Footnotes: F8, F11

DRE transaction Derivative

Units

Disposed to Issuer

Transaction value
Shares: -75,568
Change %: -100%
Price
Shares after: 0
Date: 03 Oct 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 75,568
Exercise price
Footnotes: F12, F13

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Nicholas C. Anthony is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 13 footnotes

Footnote F1

Represents an award of performance share plan units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.

Footnote F2

Between February 14, 2022 and October 5, 2022, the Reporting Person acquired 320 shares of DRE common stock through dividend reinvestment.

Footnote F3

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.

Footnote F4

This award was canceled in the merger in exchange for a cash payment of $4,632,456.

Footnote F5

Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 26,069 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.

Footnote F6

Between February 14, 2022 and October 5, 2022, the Reporting Person acquired 13 shares of DRE's common stock under the Company's 401(k) plan.

Footnote F7

Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 389 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.

Footnote F8

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.

Footnote F9

Represents shares withheld for taxes upon the distribution of deferred shares granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934.

Footnote F10

Between February 14, 2022 and October 5, 2022, the Reporting Person acquired 311 shares of DRE common stock through dividend reinvestment.

Footnote F11

Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 5,354 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.

Footnote F12

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 F13

Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 35,894 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.