SEC Form 4 · accession 0001404930-16-000101
DUKE REALTY CORP · DRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven R Kennedy
Officer — EVP, Construction
Period of report
May 4, 2016
Accepted (ET)
May 5, 2016 · 9:13 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 | May 4, 2016 | S | 820 | $22.14 | D | 725 | I | By Parent |
| Common Stock | holding | — | — | — | 42,369 | D | ||
| Common StockF1 | holding | — | — | — | 27,885 | I | By Trust |
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 | 25,092 | 25,092 | D |
| Employee Stock Options-Right to BuyF4 | $23.14 | holding | — | — | — | — | Feb 10, 2018 | Common Stock | 74,384 | 74,384 | D |
| Phantom Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 22,507 | 22,507 | D |
Explanation of responses
- F1Securities held by the Steven R. Kennedy Revocable Trust Agreement 12/12/05 in which the Reporting Person is the grantor.
- F2By Steven Kennedy for investment control of the Doris H. Kennedy Living Trust and other securities held by the Reporting Person's parent. The Reporting Person disclaims any beneficial interest in these shares.
- F3The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2012.
- F4The Stock Options vested annually at a rate of 20% per year and were fully vested on 2/10/2013.
- F5Represents 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 termination of employment.