Kevin Fennell - 28 Feb 2024 Form 4 Insider Report for Broadstone Net Lease, Inc. (BNL)

Role
EVP & CFO
Signature
John D. Callan Jr., as Attorney-in-Fact
Issuer symbol
BNL
Transactions as of
28 Feb 2024
Net transactions value
-$71,717
Form type
4
Filing time
01 Mar 2024, 16:15:13 UTC
Previous filing
26 Feb 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNL Common Stock Tax liability $71,717 -4,810 -7.6% $14.91 58,746 28 Feb 2024 Direct F1, F2
transaction BNL Common Stock Award $0 +100,035 +170% $0.000000 158,781 28 Feb 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the vesting of shares awarded pursuant to the Company's 2020 Omnibus Equity and Incentive Plan.
F2 This amount includes 26,952 shares of unvested restricted stock.
F3 Reflects shares of restricted stock awarded to the Reporting Person on February 28, 2024 pursuant to the Broadstone Net Lease, Inc. 2020 Omnibus Equity and Incentive Plan, consisting of 19,362 shares that will vest ratably on each of the first, second, third, and fourth anniversaries of February 28, 2024, and 80,673 shares granted as a retention award that will vest in full on the fifth anniversary of February 28, 2024.
F4 This amount includes 126,987 shares of unvested restricted stock.