Jason E. Fox - Nov 1, 2023 Form 4 Insider Report for Net Lease Office Properties (NLOP)

Signature
/s/ Sapna Sanagavarapu, Attorney-in-fact
Stock symbol
NLOP
Transactions as of
Nov 1, 2023
Transactions value $
-$138,560
Form type
4
Date filed
11/3/2023, 05:48 PM
Previous filing
Oct 6, 2023
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLOP COMMON SHARES Award $0 +48.9K $0.00 48.9K Nov 1, 2023 Direct F1
transaction NLOP COMMON SHARES Tax liability -$139K -13.2K -27.08% $10.47* 35.6K Nov 1, 2023 Direct F2
transaction NLOP COMMON SHARES Award $0 +73 $0.00 73 Nov 1, 2023 By Son F1
transaction NLOP COMMON SHARES Award $0 +5 $0.00 5 Nov 1, 2023 By Daughter F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares of beneficial interest of the Issuer received in connection with the pro rata distribution by W. P. Carey Inc. of all of the Issuer's common shares on November 1, 2023.
F2 Represents common shares of beneficial interest of the Issuer withheld to cover the Reporting Person's tax withholding obligation.