SEC Form 4 · accession 0001404930-15-000048
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis D Oklak
Officer — Chairman and CEO · Director
Period of report
Sep 30, 2015
Accepted (ET)
Oct 2, 2015 · 10:29 am EDT
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 | holding | — | — | — | 511,689 | D | ||
| Common Stock | holding | — | — | — | 500 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 461 | 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 UnitsF6 | — | Sep 30, 2015 | I | 47,363 | D | — | — | Common Stock | 47,363 | 378,946 | D |
| Employee Stock Options-Right to BuyF3 | $34.13 | holding | — | — | — | — | Feb 10, 2016 | Common Stock | 106,015 | 106,015 | D |
| Employee Stock Options-Right to BuyF4 | $47.88 | holding | — | — | — | — | Feb 10, 2017 | Common Stock | 86,987 | 86,987 | D |
| Employee Stock Options-Right to BuyF5 | $23.34 | holding | — | — | — | — | Feb 10, 2018 | Common Stock | 330,594 | 330,594 | D |
| Phantom Stock UnitsF7 | — | holding | — | — | — | — | — | Common Stock | 43,820 | 43,820 | D |
Explanation of responses
- F1Between February 12, 2015 and October 2, 2015, the Reporting Person acquired 6,999 shares of DRE common stock through dividend reinvestment.
- F2Between February 12, 2015 and October 2, 2015, the Reporting Person acquired 381 shares of DRE's common stock under the Company's 401(k) plan.
- F3The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2011.
- F4The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2012.
- F5The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2013.
- F6Represents phantom stock units acquired under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between February 12, 2015 and October 2, 2015, the Reporting Person acquired 9,707 phantom stock units 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.
- F7Represents phantom stock units vested under the 2000 Performance Share Plan of Duke Realty Corporation. Between February 12, 2015 and October 2, 2015, the Reporting Person acquired 1,122 phantom stock units 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 stock upon the Reporting Person's termination of employment.