Michael A. Coke - Apr 1, 2022 Form 4 Insider Report for Broadstone Net Lease, Inc. (BNL)

Role: Director
Signature: John D. Callan Jr., as Attorney-in-Fact
Stock symbol: BNL
Transactions as of: Apr 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/5/2022, 05:00 PM
Previous filing: Jan 11, 2022
Next filing: May 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BNL	Common Stock	Award	$0	+1.72K	+113.97%	$0.00	3.23K	Apr 1, 2022	Direct	F1
holding	BNL	Common Stock						23K	Apr 1, 2022	Family Trust	F2

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

Explanation of Responses:

Id	Content
F1	On April 1, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,721 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.
F2	Shares held by a 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.

Content

On April 1, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,721 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.

Shares held by a 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.