Key facts
- This page summarizes Steven W. Schnur's Form 4 filing for DUKE REALTY CORP.
- 9 reported transactions and 8 derivative rows are listed below.
- Accepted by SEC: 05 Oct 2022, 18:18.
Steven W. Schnur - 03 Oct 2022 Form 4 Insider Report for DUKE REALTY CORP
- Reporting relationship
- EVP, Chief Operating Officer
- Issuer ticker
- N/A
- Reported as of
- 03 Oct 2022
- Net transaction value
- -$1,596,711
- SEC form
- 4
- Accepted by SEC
- 05 Oct 2022, 18:18:57 UTC
- Prior SEC filing
- 24 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- Neal A. Lewis for Steven W. Schnur per POA prev. filed.
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Steven W. Schnur filed Form 4 for DUKE REALTY CORP on 05 Oct 2022.
Change
- Previous filing in this sequence was filed on 24 Aug 2022.
- Current net transaction value: -$1,596,711.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DRE
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -2,006
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 03 Oct 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DRE
transaction
Derivative
LTIP Units
Disposed to Issuer
- Transaction value
- Shares
- -3,575
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,575
- Exercise price
- Footnotes
- F2, F3
DRE
transaction
Derivative
LTIP Units
Disposed to Issuer
- Transaction value
- Shares
- -6,867
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,867
- Exercise price
- Footnotes
- F2, F4
DRE
transaction
Derivative
LTIP Units
Disposed to Issuer
- Transaction value
- Shares
- -8,937
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,937
- Exercise price
- Footnotes
- F2, F5
DRE
transaction
Derivative
LTIP Units
Award
- Transaction value
- Shares
- +30,777
- Change %
- +75%
- Price
- Shares after
- 72,003
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 30,777
- Exercise price
- Footnotes
- F2, F6
DRE
transaction
Derivative
LTIP Units
Disposed to Issuer
- Transaction value
- $1,596,711
- Shares
- -30,777
- Change %
- -43%
- Price
- $51.88
- Shares after
- 41,226
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 30,777
- Exercise price
- Footnotes
- F2, F7
DRE
transaction
Derivative
LTIP Units
Disposed to Issuer
- Transaction value
- Shares
- -41,226
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 41,226
- Exercise price
- Footnotes
- F2, F8
DRE
transaction
Derivative
Units
Award
- Transaction value
- Shares
- +59,929
- Change %
- +68%
- Price
- Shares after
- 147,521
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 59,929
- Exercise price
- Footnotes
- F9, F10
DRE
transaction
Derivative
Units
Disposed to Issuer
- Transaction value
- Shares
- -147,521
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 03 Oct 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 147,521
- Exercise price
- Footnotes
- F9, F11
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Steven W. Schnur is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 11 footnotes
Footnote F1
Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 952 shares of Prologis, Inc. common stock having a market value of $101.60 per share on the effective date of the merger.
Footnote F2
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 F3
Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 1,698 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
Footnote F4
Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 3,261 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
Footnote F5
Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 4,245 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
Footnote F6
LTIP Units awarded in lieu of performance share plan units and upon meeting the change in control 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 2 and have no expiration date.
Footnote F7
This award was canceled in the merger in exchange for a cash payment of $1,596,647.
Footnote F8
Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 19,582 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
Footnote F9
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 F10
Represents Common Units of DRLP awarded in lieu of performance share plans units according to the terms described in footnote 9, upon meeting the change in control performance-based metrics, pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
Footnote F11
Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 70,072 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.