SEC Form 4 · accession 0001404930-15-000060
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Cavanaugh III
Director
Period of report
Dec 14, 2015
Accepted (ET)
Dec 16, 2015 · 12:23 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 StockF2 | Dec 14, 2015 | J | 43,021 | $20.29 | A | 48,345 | D | |
| Common Stock | Dec 14, 2015 | J | 43,021 | $20.29 | D | 0 | I | by Grantor Retained Annuity Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3 | — | holding | — | — | — | — | — | Common Stock | 95,530 | 95,530 | D |
Explanation of responses
- F1Reporting Person transferred 43,021 shares from the William Cavanaugh III 2014 GRAT u/a/d 12/03/2014 to directly owned.
- F2Between October 2, 2015 and December 16, 2015, the Reporting Person acquired 72 shares of DRE common stock through dividend reinvestment.
- F3Represents phantom stock units accrued under the Directors' Deferred Compensation Plan of Duke Realty Corporation. Between October 2, 2015 and December 16, 2015, the Reporting Person acquired 1,745 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 stock upon the Reporting Person's termination as a director of the Issuer.