SEC Form 4 · accession 0001404930-16-000095
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Cavanaugh III
Director
Period of report
Mar 29, 2016
Accepted (ET)
Mar 31, 2016 · 9:18 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 StockF2 | Mar 29, 2016 | J | 43,021 | $22.30 | D | 6,082 | D | |
| Common Stock | Mar 29, 2016 | J | 43,021 | $22.30 | A | 43,021 | 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 | 101,598 | 101,598 | D |
Explanation of responses
- F1Reporting Person transferred 43,021 shares from directly owned to the William Cavanaugh III 2016 Grantor Retained Annuity Trust u/a/d 3/10/16.
- F2Between February 12, 2016 and March 31, 2016, the Reporting Person acquired 40 shares of DRE common stock through dividend reinvestment.
- F3Represents phantom stock units accrued under the Directors' Deferred Compensation Plan of Duke Realty Corporation. Between February 12, 2016 and March 31, 2016, the Reporting Person acquired 877 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.