Jason F. Doyle - Jun 16, 2023 Form 4 Insider Report for Necessity Retail REIT, Inc. (RTL)

Role: CFO, Secretary and President
Signature: /s/ Jason F. Doyle
Stock symbol: RTL
Transactions as of: Jun 16, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/16/2023, 05:21 PM
Previous filing: May 5, 2023
Next filing: Sep 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RTL	Class A Common Stock	Award	$0	+44.8K	+143.09%	$0.00	76.1K	Jun 16, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock of Necessity Retail REIT, Inc. (the "Registrant") issued pursuant to the 2018 Omnibus Incentive Compensation Plan of the Registrant (the "Plan"). The restricted shares vest in 25% increments on each of the first four anniversaries of June 12, 2023, subject to acceleration upon a "Change of Control" as defined under the Plan, including completion of the transactions contemplated by the Agreement and Plan of Merger by and among the Company and its affiliates and Global Net Lease, Inc. and its affiliates, dated May 23, 2023.

Content

Represents shares of Class A Common Stock of Necessity Retail REIT, Inc. (the "Registrant") issued pursuant to the 2018 Omnibus Incentive Compensation Plan of the Registrant (the "Plan"). The restricted shares vest in 25% increments on each of the first four anniversaries of June 12, 2023, subject to acceleration upon a "Change of Control" as defined under the Plan, including completion of the transactions contemplated by the Agreement and Plan of Merger by and among the Company and its affiliates and Global Net Lease, Inc. and its affiliates, dated May 23, 2023.