4//SEC Filing
Denien Mark A 4
Accession 0001062993-22-020575
CIK 0000783280other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 6:22 PM ET
Size
22.5 KB
Accession
0001062993-22-020575
Insider Transaction Report
Form 4
Denien Mark A
Chief Accounting Officer
Transactions
- Disposition to Issuer
LTIP Units
2022-10-03−8,188→ 0 total→ Common Stock (8,188 underlying) - Award
LTIP Units
2022-10-03+38,418→ 101,532 total→ Common Stock (38,418 underlying) - Disposition to Issuer
LTIP Units
2022-10-03$51.88/sh−38,418$1,993,126→ 63,114 total→ Common Stock (38,418 underlying) - Disposition to Issuer
LTIP Units
2022-10-03−63,114→ 0 total→ Common Stock (63,114 underlying) - Award
Units
2022-10-03+72,828→ 152,282 total→ Common Stock (72,828 underlying) - Disposition to Issuer
Units
2022-10-03−152,282→ 0 total→ Common Stock (152,282 underlying) - Disposition to Issuer
LTIP Units
2022-10-03−4,469→ 0 total→ Common Stock (4,469 underlying) - Disposition to Issuer
LTIP Units
2022-10-03−10,724→ 0 total→ Common Stock (10,724 underlying)
Footnotes (10)
- [F1]Represents units of limited partnership interest (LTIP Unit) in Duke Realty Limited Partnership (DRLP), of which the Issuer is the general partner, issued as long term incentive compensation pursuant to the Issuer's equity based incentive programs. When both earned and vested, each LTIP Unit will automatically convert into a Common Unit of limited partnership interest in DRLP. Each Common Unit acquired upon the conversion of an LTIP Unit is redeemable by the holder for shares of common stock of the Issuer on a one-for-one basis. LTIP Units converted to Common Units are generally not redeemable until two years from the date of the grant.
- [F10]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 72,333 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
- [F2]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 2,122 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
- [F3]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 3,889 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
- [F4]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 5,093 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
- [F5]LTIP Units awarded in lieu of performance share plan units, upon meeting the change in control performance-based conditions and pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934. LTIP Units are awarded according to the terms described in footnote 1 and have no expiration date.
- [F6]This award was canceled in the merger in exchange for a cash payment of $1,993,059.
- [F7]Disposed of pursuant to merger agreement between issuer and Prologis, Inc. in exchange for 29,979 OP common units of Prologis, L.P. having a market value of $101.60 per unit on the effective date of the merger.
- [F8]Represents LTIP Units that have converted to Common Units of DRLP. Each Common Unit is redeemable by the holder for shares of common stock of the Issuer on a one-for-one basis. LTIP Units converted to Common Units are generally not redeemable until two years from the date of grant and have no expiration date.
- [F9]Represents Common Units of DRLP awarded in lieu of performance share plans units according to the terms described in footnote 8, upon meeting the change in control performance-based metrics, pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
Issuer
DUKE REALTY CORP
CIK 0000783280
Entity typeother
Related Parties
1- filerCIK 0001431678
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 6:22 PM ET
- Size
- 22.5 KB