Stephen A. Horn JR - Feb 15, 2022 Form 4 Insider Report for NATIONAL RETAIL PROPERTIES, INC. (NNN)

Role
EVP & Chief Operating Officer
Signature
/s/ Stephen A. Horn JR
Stock symbol
NNN
Transactions as of
Feb 15, 2022
Transactions value $
$2,303,084
Form type
4
Date filed
2/17/2022, 03:11 PM
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNN Common Stock Award $406K +9.6K +5.55% $42.34 183K Feb 15, 2022 Direct F1
transaction NNN Common Stock Award $1.9M +44.8K +24.53% $42.34 227K Feb 15, 2022 Direct F2
transaction NNN Common Stock Disposed to Issuer $0 -19.8K -8.72% $0.00 208K Feb 15, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares will vest 25% annually beginning on 2023 through 2026. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares
F2 Shares will vest on January 1, 2025 based upon achieving certain total shareholder returns. The Reporting Person has no dividend or voting rights on these shares until the shares have vested
F3 Restricted shares forfeited as a result of certain conditions not being met.