SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
NELLEY JOHN W JR

(Last) (First) (Middle)
782 MELROSE AVENUE

(Street)
NASHVILLE, TN 37211

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DUKE REALTY CORP [ DRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Managing Dir., Nashville Oper.
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 08/08/2005 P 3,115 A $31.31 142,397 D
Common Stock 08/08/2005 P 5,875 A $31.34 148,272 D
Common Stock 08/08/2005 P 700 A $31.17 151,466(1) D
Common Stock 08/08/2005 P 2,000 A $31.5 2,000 I By Spouse
Common Stock 08/09/2005 P 1,275 A $31.31 3,275 I By Spouse
Common Stock 08/09/2005 P 2,100 A $31.4 4,620(2) I By 401(K) Plan - A
Common Stock 2,000(3) I By 401(K) Plan - B
Common Stock 08/08/2005 P 415 A $31.26 884 I By NWI XV, L.P.(4)
Common Stock 44,629 I By NWI Warehouse Group NV, L.P.(5)
Common Stock 08/08/2005 P 667 A $31.21 667 I By Nelley Holdings, L.P.(6)
Common Stock 08/08/2005 P 2,520 A $31.27 2,520 I By NWI X, L.P.(7)
Common Stock 08/08/2005 P 27 A $31.29 27 I By NWI XX, L.P.(8)
Common Stock 08/08/2005 P 2,010 A $31.34 2,010 I By Pine Tree Corporation(9)
Common Stock 08/08/2005 P 9,000 A $31.4133 15,311 I By the Revocable Inter-Vivos Trust for Mary Lindsay Polk Stone(10)
Common Stock 5,800 I By the 1987 E.H.W., Jr. Family Trust(11)
Common Stock 08/08/2005 P 1,275 A $31.28 2,375 I By the Jack Denton Graham Family Trust(12)
Common Stock 08/08/2005 P 1,225 A $31.3343 1,225 I By the Andrew Dale Harris Trust(13)
Common Stock 08/09/2005 P 5,000 A $31.38 5,000 I By the Holcomb Family Trust(14)
Common Stock 08/08/2005 P 500 A $31.392 500 I By the J. Canale Harris Trust(15)
Common Stock 08/08/2005 P 4,500 A $31.43 4,500 I By the Janice Shapard Oden Trust(16)
Common Stock 08/08/2005 P 9,900 A $31.5 9,900 I By the Provo Family Trust(17)
Common Stock 08/08/2005 P 2,125 A $31.34 2,125 I By the VanderNaillen Trust(18)
Common Stock 06/16/2005 W V 960 A (19) 960 I By the Estate of Charles Corbin, Jr.(19)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Units of Duke Realty Limited Partnership (20) 07/02/1999 (20) Common Stock 785,704 785,704 I By NWI Warehouse Group NV, L.P.(21)
Employee Stock Options-Right to Buy $20.0634 (22) 01/21/2009 Common Stock 55,200 55,200 D
Employee Stock Options-Right to Buy $24.98 (23) 01/31/2011 Common Stock 3,865 3,865 D
Employee Stock Options-Right to Buy $23.35 (24) 01/30/2012 Common Stock 10,830 10,830 D
Employee Stock Options-Right to Buy $25.42 (25) 02/19/2013 Common Stock 13,226 13,226 D
Employee Stock Options-Right to Buy $32.51 (26) 01/28/2014 Common Stock 10,345 10,345 D
Employee Stock Options-Right to Buy $32.33 (27) 02/10/2015 Common Stock 16,075 16,075 D
Phantom Stock Units (28) (28) (28) Common Stock 6,230 6,230(29) D
Phantom Stock Units (30) 08/08/2005 P 3,103 (30) (30) Common Stock 3,103 $31.2637 9,879(31) D
Explanation of Responses:
1. Between May 3, 2005 and August 9, 2005, the Reporting Person acquired 2,339 shares of the Company's common stock through dividend reinvestment and 155 shares through the Company's Employee Stock Purchase Plan.
2. Between May 3, 2005 and August 9, 2005, the Reporting Person acquired 72 shares under the Company's 401(k) Plan.
3. Between May 3, 2005 and August 9, 2005, the Reporting Person acquired 30 shares of the Company's common stock through dividend reinvestment.
4. Represents the Reporting Person's beneficial ownership of Shares owned by NWI XV, L.P. ("NWIXV"). In total, NWIXV owns 2,600 Shares.
5. Represents the Reporting Person's beneficial ownership of Shares owned by NWI Warehouse Group NV, L.P. ("NWI"). In total, NWI owns 200,000 Shares.
6. Represents the Reporting Person's beneficial ownership of Shares owned by Nelley Holdings, L.P. ("NHLP"). In total, NHLP owns 4,000 Shares.
7. Represents the Reporting Person's beneficial ownership of Shares owned by NWI X, L.P. ("NWIX"). In total, NWIX owns 6,300 Shares.
8. Represents the Reporting Person's beneficial ownership of Shares owned by NWI XX, L.P. ("NWIXX"). In total, NWIXX owns 6,700 Shares.
9. Represents the Reporting Person's beneficial ownership of Shares owned by Pine Tree Corporation ("PTC"). In total, PTC owns 6,700 Shares.
10. By John W. Nelley, Jr., as Co-Trustee for the Revocable Inter-Vivos Trust for Mary Lindsay Polk Stone. The Reporting Person disclaims any beneficial interest in these shares.
11. By John W. Nelley, Jr., as Trustee for the 1987 E.H.W., Jr., Family Trust. The Reporting Person disclaims any beneficial interest in these shares.
12. By John W. Nelley, Jr., as Trustee for the Jack Denton Graham Family Trust. The Reporting Person disclaims any beneficial interest in these shares.
13. By John W. Nelley, Jr., as Trustee for the Andrew Dale Harris Trust. The Reporting Person disclaims any beneficial interest in these shares.
14. By John W. Nelley, Jr., as Trustee for the Holcomb Family Trust. The Reporting Person disclaims any beneficial interest in these shares.
15. By John W. Nelley, Jr., as Trustee for the J. Canale Harris Trust Trust. The Reporting Person disclaims any beneficial interest in these shares.
16. By John W. Nelley, Jr., as Trustee for the Janice Shapard Oden Trust. The Reporting Person disclaims any beneficial interest in these shares.
17. By John W. Nelley, Jr., as Trustee for the Provo Family Trust. The Reporting Person disclaims any beneficial interest in these shares.
18. By John W. Nelley, Jr., as Trustee for the VanderNaillen Trust. The Reporting Person disclaims any beneficial interest in these shares.
19. By John W. Nelley, Jr., as Trustee for the Estate of Charles Corbin, Jr. The Reporting Person disclaims any beneficial interest in these shares.
20. Units of Duke Realty Limited Partnership are convertible on a one to one basis to the Company's common stock and have no expiration date.
21. Represents the Reporting Person's beneficial ownership of Units owned by NWI Warehouse Group NV, L.P. ("NWI"). In total, NWI owns 3,521,050 Units.
22. The Stock Options vested annually at a rate of 33.33% per year and were fully vested on 1/21/02.
23. The Stock Options vest annually at a rate of 20% per year and will be fully vested on 1/31/06.
24. The Stock Options vest annually at a rate of 20% per year and will be fully vested on 1/30/07.
25. The Stock Options vest annually at a rate of 20% per year and will be fully vested on 2/19/08.
26. The Stock Options vest annually at a rate of 20% per year and will be fully vested on 1/28/09.
27. The Stock Options vest annually at a rate of 20% per year and will be fully vested on 2/10/10.
28. Represents phantom stock units accrued under the Weeks Corporation 1998 Deferred Compensation Plan. The units are valued on a one to one basis to the Company's common stock and are to be settled in cash upon the Reporting Person termination of employment.
29. Between May 3, 2005 and August 9, 2005, the Reporting Person acquired 93 shares of the Company's common stock through dividend reinvestment.
30. Represents phantom stock units accrued under the Executives' Deferred Compensation Plan of Duke Realty Services Limited Partnership. The units are valued on a one to one basis to the Company's common stock and are to be settled in cash upon the Reporting Person termination of employment.
31. Between May 3, 2005 and August 9, 2005, the Reporting Person acquired 101 shares of the Company's common stock through dividend reinvestment.
Remarks:
Valerie J. Steffen for John W. Nelley, Jr. per POA previously filed 08/10/2005
** 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 Number.