Jennie O'Brien - 28 Feb 2023 Form 4 Insider Report for Broadstone Net Lease, Inc. (BNL)

Signature
John D. Callan, as Attorney-in-Fact
Issuer symbol
BNL
Transactions as of
28 Feb 2023
Net transactions value
-$11,714
Form type
4
Filing time
02 Mar 2023, 16:00:53 UTC
Previous filing
27 Feb 2023
Next filing
13 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNL Common Stock Tax liability $11,714 -657 -9.6% $17.83 6,188 28 Feb 2023 Direct F1, F2
transaction BNL Common Stock Award $0 +17,867 +289% $0.000000 24,055 28 Feb 2023 Direct F3, F4
* 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 2,532 shares of unvested restricted stock.
F3 Reflects shares of restricted stock awarded to the Reporting Person on February 28, 2023, pursuant to the Broadstone Net Lease, Inc. 2020 Omnibus Equity and Incentive Plan. Of such shares awarded, 6,700 shares vest ratably on each of the first, second, third, and fourth anniversaries of February 28, 2023, and 11,167 shares vest ratably on each of the first, second and third anniversaries of February 28, 2023.
F4 This amount includes 20,399 shares of unvested restricted stock.