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 CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Indiana		1-9044		35-1740409
(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))

 

 

 

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Item 2.02.

Results of Operations and Financial Condition.

On April 28, 2010, Duke Realty Corporation (the “Company”) 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 Company also held a conference call to discuss the Company’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 Company’s Annual Meeting of Shareholders held on April 28, 2010 (the “Annual Meeting”), the Company’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 Company’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 attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively, and are incorporated into this Item 5.02 by this reference.

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Item 5.07.

Submission of Matters to a Vote of Security Holders.

The shareholders of the Company 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 Company’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 Company’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.#

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10.2		Amendment Eleven to the 1995 Key Employees’ Stock Option Plan of Duke Realty Investments, Inc.#
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.

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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.

 

 

Dated:		May 4, 2010