Geoffrey Rosenberger - Jul 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
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/6/2022, 05:00 PM
Previous 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 +703 +0.63% $0.00 112K Jul 1, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 1, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 703 shares of 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. The shares have been granted with respect to the pro-rated period of board service between April 1, 2022 and the Issuer's annual meeting of stockholders on May 5, 2022.
F2 This amount includes 4,629 shares of unvested restricted stock.