FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Denien Mark A 		2. Issuer Name and Ticker or Trading Symbol

DUKE REALTY CORP [ DRE ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP & CFO
(Last)          (First)          (Middle)

600 E 96TH ST, #100 		3. Date of Earliest Transaction (MM/DD/YYYY)

1/31/2018
(Street)

INDIANAPOLIS, IN 46240
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock                  56417   (1) D  
 
Common Stock                  9324   (2) I   By 401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
LTIP Units   (3)   (3)                    (4)   (4) Common Stock   5516     5516   D  
 
LTIP Units   (3)   (3)                    (5)   (5) Common Stock   14845     14845   D  
 
LTIP Units   (3)   (3)                    (6)   (6) Common Stock   14516     14516   D  
 
LTIP Units   (3)   (3) 1/31/2018     A      14749   (7)        (7)   (7) Common Stock   14749   $0   (7) 14749   D  
 
Units   (8)   (8) 1/31/2018     A      16549   (9)        (8)   (8) Common Stock   16549   $0   (9) 35005   D  
 

Explanation of Responses:
(1)  Between May 12, 2017 and February 2, 2018, the Reporting Person acquired 599 shares of DRE common stock through dividend reinvestment.
(2)  Between May 12, 2017 and February 2, 2018, the Reporting Person acquired 100 shares of DRE's common stock under the Company's 401(k) plan.
(3)  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 earned and vested, each LTIP Unit may be converted 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 are generally not convertible until two years from the date of the grant.
(4)  LTIP Units vest in three equal installments beginning on February 10, 2016 and have no expiration date.
(5)  LTIP Units vest in three equal installments beginning on February 10, 2017 and have no expiration date.
(6)  LTIP Units vest in three equal installments beginning on February 10, 2018 and have no expiration date.
(7)  LTIP Units awarded in lieu of performance share plan units, upon meeting the performance-based conditions, pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934 vest in three years on January 31, 2021 and have no expiration date.
(8)  Represents 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. Common Units have no expiration date.
(9)  Represents Common Units of DRLP awarded in lieu of performance share plan units, upon meeting the performance-based conditions, pursuant to Rule 16b-3(d) of Section 16b of the Securities Exchange Act of 1934.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Denien Mark A
600 E 96TH ST, #100
INDIANAPOLIS, IN 46240

EVP & CFO

Signatures
Tracy Swearingen for Mark A. Denien per POA prev. filed. 2/2/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Duke Realty (NYSE:DRE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Duke Realty Charts.
Duke Realty (NYSE:DRE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Duke Realty Charts.