Stephen A. Horn JR - Feb 15, 2023 Form 4 Insider Report for NATIONAL RETAIL PROPERTIES, INC. (NNN)

Role
President & CEO
Signature
/s/ Stephen A. Horn JR
Stock symbol
NNN
Transactions as of
Feb 15, 2023
Transactions value $
$6,267,194
Form type
4
Date filed
2/16/2023, 03:19 PM
Previous filing
May 3, 2022
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNN Common Stock Award $1.11M +23.7K +8.81% $46.65 293K Feb 15, 2023 Direct F1
transaction NNN Common Stock Award $5.16M +111K +37.77% $46.65 404K Feb 15, 2023 Direct F2
transaction NNN Common Stock Disposed to Issuer $0 -5.4K -1.34% $0.00 398K Feb 15, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares will vest 25% annually beginning on 2024 through 2027. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.
F2 Shares will vest on January 1, 2026 based upon achieving certain total shareholder returns. The Reporting Person has no dividend or voting rights on these shares until the shares have vested.
F3 Restricted shares forfeited as a result of certain conditions not begin met.