SEC Form 4 · accession 0001404930-15-000007
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Bremner
Officer — President
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 1:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000783280
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 28, 2015 | A | 21,622 | $0.00 | A | 180,027 | D | |
| Common StockF3 | Jan 28, 2015 | F | 7,151 | $22.30 | D | 172,876 | D | |
| Common StockF4 | holding | — | — | — | 3,354 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 20,123 | 20,123 | D |
Explanation of responses
- F1Represents an award of performance share plan units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
- F2Includes 147 shares of DRE common stock the Reporting Person acquired through dividend reinvestment through January 30, 2015.
- F3Represents shares withheld for taxes upon the vesting of performance share plan units granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934.
- F4Between December 16, 2014 and January 30, 2015, the Reporting Person acquired 80 shares of DRE's common stock under the Company's 401(k) plan.
- F5Represents 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.