James H. Watters - 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, 05:01 PM
Previous filing: May 20, 2022
Next filing: May 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BNL	Common Stock	Award	$0	+533	+0.54%	$0.00	99K	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 533 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.

Content

On July 1, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 533 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.

This amount includes 4,629 shares of unvested restricted stock.