SEC Form 4 · accession 0001404930-16-000105
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
Jun 8, 2016
Accepted (ET)
Jun 9, 2016 · 12:15 pm 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 StockF1 | Jun 8, 2016 | S | 75,000 | $24.41 | D | 305,444 | D | |
| Common StockF2 | holding | — | — | — | 940 | 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 | 392,319 | 392,319 | D |
| Phantom Stock UnitsF6 | — | holding | — | — | — | — | — | Common Stock | 45,367 | 45,367 | D |
Explanation of responses
- F1Between February 12, 2016 and June 9, 2016, the Reporting Person acquired 3,703 shares of DRE common stock through dividend reinvestment.
- F2Between February 12, 2016 and June 9, 2016, the Reporting Person acquired 386 shares of DRE's common stock under the Company's 401(k) plan.
- 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 acquired under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. Between February 12, 2016 and June 9, 2016, the Reporting Person acquired 6,320 shares of DRE 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/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. Between February 12, 2016 and June 9, 2016, the Reporting Person acquired 731 shares of DRE 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 stock upon the Reporting Person's termination of employment.