8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 28, 2010

 

 

DUKE REALTY LIMITED PARTNERSHIP

(Exact name of registrant as specified in its charter)

 

 

 

Indiana   0-20625   35-1898425

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

600 East 96th Street, Suite 100, Indianapolis, Indiana   46240
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (317) 808-6000

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 2.02. Results of Operations and Financial Condition.

On April 28, 2010, Duke Realty Corporation (the “General Partner”), the sole general partner of Duke Realty Limited Partnership, issued a press release (the “Press Release”) announcing its results of operations and financial condition for the first quarter ended March 31, 2010. A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated into this Item 2.02 by this reference.

On April 29, 2010, the General Partner also held a conference call to discuss the General Partner’s financial results for the first quarter ended March 31, 2010. Pursuant to General Instruction F to Form 8-K, a copy of the transcript from the conference call (the “Transcript”) is attached hereto as Exhibit 99.2 and is incorporated into this Item 2.02 by this reference. The Transcript has been selectively edited to facilitate the understanding of the information communicated during the conference call.

The information contained in this Item 2.02, including the related information set forth in the Press Release and the Transcript attached hereto and incorporated by reference herein, is being “furnished” and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise. The information in this Item 2.02 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or into any filing or other document pursuant to the Exchange Act, except as otherwise expressly stated in any such filing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At the General Partner’s Annual Meeting of Shareholders held on April 28, 2010 (the “Annual Meeting”), the General Partner’s shareholders approved amendments (the “Amendments”) to the Duke Realty Corporation Amended and Restated 2005 Long-Term Incentive Plan (the “2005 Incentive Plan”) and the 1995 Key Employees’ Stock Option Plan of Duke Realty Investments, Inc. (the “1995 Plan”) to permit a one-time stock option exchange program pursuant to which certain outstanding stock options could be exchanged for a lesser number of restricted stock units. Details of the stock option exchange program, including a description of the material terms of the 2005 Incentive Plan under which the new restricted stock units will be granted, were included in the General Partner’s Definitive Proxy Statement on Schedule 14A (File No. 001-09044) as filed with the Securities and Exchange Commission on March 17, 2010.

Pursuant to General Instruction F to Form 8-K, the Amendments to the 2005 Incentive Plan and the 1995 Plan are incorporated into this Item 5.02 by reference to Exhibit 10.1 and Exhibit 10.2 of the General Partner’s Current Report on Form 8-K as filed with the Securities and Exchange Commission on May 4, 2010 (File No. 001-09044).


Item 5.07. Submission of Matters to a Vote of Security Holders.

The shareholders of the General Partner voted on three proposals at the Annual Meeting. Each proposal was approved pursuant to the following final voting results from the Annual Meeting:

1. To elect eleven directors to serve on the General Partner’s Board of Directors for a one-year term ending at the 2011 Annual Meeting of Shareholders:

 

       

FOR

    

AGAINST

    

ABSTAIN

    

BROKER

NON-VOTES

Thomas J. Baltimore, Jr.

     165,554,991      3,361,820      2,329,827      27,562,363

Barrington H. Branch

     165,326,703      3,592,065      2,327,870      27,562,363

Geoffrey A. Button

     161,030,543      7,893,495      2,322,600      27,562,363

William Cavanaugh III

     165,285,588      3,628,946      2,332,104      27,562,363

Ngaire E. Cuneo

     156,454,054      12,460,339      2,332,245      27,562,363

Charles R. Eitel

     165,339,907      3,565,251      2,341,480      27,562,363

Martin C. Jischke, PhD

     165,329,098      3,579,823      2,337,717      27,562,363

Dennis D. Oklak

     160,528,376      8,244,128      2,474,134      27,562,363

Jack R. Shaw

     166,153,438      2,770,427      2,322,773      27,562,363

Lynn C. Thurber

     166,212,781      2,710,060      2,323,797      27,562,363

Robert J. Woodward, Jr

     166,177,543      2,747,151      2,321,944      27,562,363

2. To ratify the reappointment by the Board of Directors of KPMG LLP as the General Partner’s independent public accountants for the fiscal year 2010:

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER

NON-VOTES

193,245,256

  3,071,609   2,492,135  

3. To amend the 2005 Incentive Plan and the 1995 Plan to permit a one-time stock option exchange program:

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER

NON-VOTES

139,138,967

  29,602,304   2,505,367   27,562,363


Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits

 

10.1    2010 Amendment to the Duke Realty Corporation Amended and Restated 2005 Long-Term Incentive Plan (filed as Exhibit 10.1 to the General Partner’s Current Report on Form 8-K, as filed with the SEC on May 4, 2010, File No. 001-09044, and incorporated herein by this reference).#
10.2    Amendment Eleven to the 1995 Key Employees’ Stock Option Plan of Duke Realty Investments, Inc. (filed as Exhibit 10.2 to the General Partner’s Current Report on Form 8-K, as filed with the SEC on May 4, 2010, File No. 001-09044, and incorporated herein by this reference).#
99.1    Duke Realty Corporation press release dated April 28, 2010, with respect to its financial results for the first quarter ended March 31, 2010.*
99.2    Duke Realty Corporation transcript from the conference call held on April 29, 2010, with respect to its financial results for the first quarter ended March 31, 2010.*

 

* The Press Release and the Transcript attached hereto as Exhibits 99.1 and 99.2, respectively, are “furnished” and not “filed,” as described in Item 2.02 of this Current Report on Form 8-K.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

      DUKE REALTY LIMITED PARTNERSHIP
      By:  

Duke Realty Corporation, its sole general partner

        By:  

/s/ Howard L. Feinsand

          Howard L. Feinsand
         

Executive Vice President, General Counsel

and Corporate Secretary

Dated:  

May 4, 2010