SEC Form 4 · accession 0001404930-16-000088
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Dennis D Oklak
Officer — Executive Chairman · Director
Period of report
Feb 10, 2016
Accepted (ET)
Feb 12, 2016 · 10:20 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 | Feb 10, 2016 | A | 53,081 | $0.00 | A | 425,947 | D | |
| Common StockF2 | Feb 10, 2016 | F | 49,206 | $19.31 | D | 376,741 | D | |
| Common Stock | 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 BuyF3 | $47.68 | holding | — | — | — | — | Feb 10, 2017 | Common Stock | 86,987 | 86,987 | D |
| Employee Stock Options-Right to BuyF4 | $23.14 | holding | — | — | — | — | Feb 10, 2018 | Common Stock | 330,594 | 330,594 | D |
| Phantom Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 385,999 | 385,999 | D |
| Phantom Stock UnitsF6 | — | holding | — | — | — | — | — | Common Stock | 44,636 | 44,636 | 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.
- F2Represents shares withheld for taxes upon the vesting of restricted stock units granted pursuant to Rule 16b-3 of Section 16b of the Securities Exchange Act of 1934.
- F3The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2012. The exercise price was automatically reduced from $47.88 to $47.68 in accordance with Article 15 of the long term incentive plan upon payment of a special dividend by the Company.
- F4The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2013. The exercise price was automatically reduced from $23.34 to $23.14 in accordance with Article 15 of the long term incentive plan upon payment of a special dividend by the Company.
- 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.
- F6Represents 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.