Roderick Pickney - Feb 28, 2022 Form 4 Insider Report for Broadstone Net Lease, Inc. (BNL)

Signature
John D. Callan, as Attorney-in-Fact
Stock symbol
BNL
Transactions as of
Feb 28, 2022
Transactions value $
$3,608
Form type
4
Date filed
3/2/2022, 04:01 PM
Previous filing
Sep 24, 2021
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNL Common Stock Tax liability -$29.4K -1.34K -2.57% $21.93 50.8K Feb 28, 2022 Direct F1, F2
transaction BNL Common Stock Award $119K +5.4K +10.63% $22.04 56.2K Feb 28, 2022 Direct F3, F4
transaction BNL Common Stock Sale -$86K -4K -7.12% $21.50 52.2K Mar 1, 2022 Direct F4, F5
* 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 8,456 shares of unvested restricted stock.
F3 Reflects shares of restricted stock awarded to the Reporting Person on February 28, 2022, pursuant to the Broadstone Net Lease, Inc. 2020 Omnibus Equity and Incentive Plan. Such shares of restricted stock vest ratably on each of the first, second, third, and fourth anniversaries of February 28, 2022.
F4 This amount includes 13,855 shares of unvested restricted stock.
F5 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.48 to $21.51, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.