Edgar Filing: Denien Mark A

Ownership Submission

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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

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)
Chief Accounting Officer

(Last)

(First)

(Middle)

600 E 96TH ST, #100

3. Date of Earliest Transaction (Month/Day/Year)
06/07/2010

(Street)

INDIANAPOLIS, IN 46240

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/07/2010		A		6,741	A	$ 0 ⁽¹⁾	20,343 ⁽²⁾	D
Series K Nonconvertible Preferred Stock								4,000	D
Series M Nonconvertible Preferred Stock								885	D
Common Stock								8,177 ⁽³⁾	I	By 401(k) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Options-Right to Buy

$ 32.7426

06/07/2010

5,116

⁽⁴⁾

07/27/2015

Common Stock

5,116

⁽¹⁾

Employee Stock Options-Right to Buy

$ 34.13

06/07/2010

2,241

⁽⁵⁾

02/10/2016

Common Stock

2,241

⁽¹⁾

Employee Stock Options-Right to Buy

$ 47.88

06/07/2010

2,827

⁽⁶⁾

02/10/2017

Common Stock

2,827

⁽¹⁾

Employee Stock Options-Right to Buy

$ 25.01

06/07/2010

7,791

⁽⁷⁾

12/14/2017

Common Stock

7,791

⁽¹⁾

Employee Stock Options-Right to Buy

$ 23.34

06/07/2010

8,407

⁽⁸⁾

02/10/2018

Common Stock

8,407

⁽¹⁾

Reporting Owners

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

Signatures

Tracy Swearingen for Mark A. Denien per POA prev. filed.		06/08/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	On June 7, 2010, the issuer canceled, pursuant to the issuer's option exchange program, options granted to the reporting person on: July 27, 2005, February 10, 2006, February 10, 2007, December 14, 2007 and February 10, 2008 . In exchange for the options, the reporting person received 6,741 restricted stock units as reported in Table I.
(2)	Between February 12, 2010 and June 8, 2010, the Reporting Person acquired 395 shares of DRE common stock through dividend reinvestment.
(3)	Between February 12, 2010 and June 8, 2010, the Reporting Person acquired 235 shares of DRE's common stock under the Company's 401(k) plan.
(4)	The canceled Stock Options vested annually at a rate of 20% per year beginning on July 27, 2006.
(5)	The canceled Stock Options vested annually at a rate of 20% per year beginning on February 10, 2007.
(6)	The canceled Stock Options vested annually at a rate of 20% per year beginning on February 10, 2008.
(7)	The canceled Stock Options vested annually at a rate of 20% per year beginning on December 14, 2008.
(8)	The canceled Stock Options vested annually at a rate of 20% per year beginning on February 10, 2009.

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