SCOTT PETER M III 4
4 · DUKE REALTY CORP · Filed Feb 12, 2020
Insider Transaction Report
Form 4
SCOTT PETER M III
Director
Transactions
- Disposition to Issuer
Common Stock
2020-02-10−4,285→ 24,002 total - Award
Common Stock
2020-02-10+3,621→ 28,287 total - Award
Phantom Stock Units
2020-02-10+4,285→ 36,938 total→ Common Stock (4,285 underlying)
Footnotes (4)
- [F1]Represents an award of restricted stock units pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.
- [F2]Between February 12, 2019 and February 12, 2020, the Reporting Person acquired 116 shares of DRE common stock through dividend reinvestment.
- [F3]Pursuant to a previous election under the Directors' Deferred Compensation Plan of Duke Realty Corporation, upon the vesting of restricted stock units, the Reporting Person deferred the receipt of 4,285 shares of common stock and instead received 4,285 shares of phantom stock.
- [F4]Represents phantom stock units accrued under the Directors' Deferred Compensation Plan of Duke Realty Corporation. Between February 12, 2019 and February 12, 2020, the Reporting Person acquired 885 phantom stock units 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.