Michael A. Coke - 03 Jan 2022 Form 4 Insider Report for Broadstone Net Lease, Inc. (BNL)

Role
Director
Signature
John D. Moragne, as Attorney-in-Fact
Issuer symbol
BNL
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 16:01:46 UTC
Previous filing
01 Oct 2021
Next filing
11 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNL Common Stock Gift $0 -2,952 -100% $0.000000* 0 13 Oct 2021 Direct
transaction BNL Common Stock Gift $0 +2,952 +15% $0.000000 22,952 13 Oct 2021 By Family Trust F1, F2
transaction BNL Common Stock Award $0 +1,510 $0.000000 1,510 03 Jan 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 20,000 shares that have historically been held by the family trust but were previously reported to be held by Mr. Coke directly.
F2 On October 13, 2021, the reporting person transferred 2,952 shares of common stock to a family trust of which the reporting person is co-trustee. The reporting person and members of his immediate family are the sole beneficiaries of the trust.
F3 On January 3, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,510 shares of the Issuer's common stock pursuant to the Issuer's director compensation and stock ownership policy (the "Policy"). Pursuant to the Policy, the Issuer's directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.