SEC Form 4 · accession 0001404930-16-000070
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis D Oklak
Officer — Executive Chairman · Director
Period of report
Jan 27, 2016
Accepted (ET)
Jan 29, 2016 · 2:09 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 | Jan 27, 2016 | A | 105,289 | $0.00 | A | 415,167 | D | |
| Common StockF2 | Jan 27, 2016 | F | 42,301 | $19.67 | D | 372,866 | D | |
| Common StockF3 | holding | — | — | — | 554 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options-Right to BuyF4 | $34.13 | holding | — | — | — | — | Feb 10, 2016 | Common Stock | 106,015 | 106,015 | D |
| Employee Stock Options-Right to BuyF5 | $47.88 | holding | — | — | — | — | Feb 10, 2017 | Common Stock | 86,987 | 86,987 | D |
| Employee Stock Options-Right to BuyF6 | $23.34 | holding | — | — | — | — | Feb 10, 2018 | Common Stock | 330,594 | 330,594 | D |
| Phantom Stock UnitsF7 | — | holding | — | — | — | — | — | Common Stock | 385,999 | 385,999 | D |
| Phantom Stock UnitsF8 | — | holding | — | — | — | — | — | Common Stock | 44,636 | 44,636 | 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.
- F2Represents 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.
- F3Between December 31, 2015 and January 29, 2016, the Reporting Person acquired 85 shares of DRE's common stock under the Company's 401(k) plan.
- F4The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2011.
- F5The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2012.
- F6The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2013.
- F7Represents 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.
- F8Represents phantom stock units vested under the 2000 Performance Share Plan of Duke Realty Corporation. 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.