SEC Form 4 · accession 0001404930-16-000082
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter M Scott III
Director
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 9:41 am 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 | Feb 10, 2016 | A | 4,661 | $0.00 | A | 28,985 | D | |
| Common StockF3 | Feb 10, 2016 | D | 3,943 | — | D | 25,042 | D |
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,F4 | — | Feb 10, 2016 | A | 3,943 | A | — | — | Common Stock | 3,943 | 14,276 | D |
Explanation of responses
- F1Represents an award of restricted stock units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
- F2Between February 12, 2015 and February 12, 2016, the Reporting Person acquired 171 shares of DRE common stock through dividend reinvestment.
- F3Pursuant to a previous election under the Directors' Deferred Compensation Plan of Duke Realty Corporation, upon the vesting of restricted stock units, the Reporting Person deferred the receipt of 3,943 shares of common stock and instead received 3,943 shares of phantom stock.
- F4Represents phantom stock units accrued under the Directors' Deferred Compensation Plan of Duke Realty Corporation. Between February 12, 2015 and February 12, 2016, the Reporting Person acquired 449 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 stock upon the Reporting Person's termination as a director of the Issuer.