Shekar Narasimhan - May 5, 2023 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
May 5, 2023
Transactions value $
$0
Form type
4
Date filed
5/8/2023, 05:00 PM
Previous filing
Jul 6, 2022
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNL Common Stock Award $0 +6.25K +7.54% $0.00 89.2K May 5, 2023 By Beekman Advisors, Inc. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 5, 2023, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person an equity award consisting of 6,254 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan. Such shares of restricted stock will vest in full on the earlier of (i) May 5, 2024; and (ii) the date of the Issuer's next annual meeting of stockholders, provided that the next annual meeting of stockholders is at least 50 weeks after the date of the Issuer's 2023 annual meeting of stockholders.
F2 This amount includes 6,254 shares of unvested restricted stock.
F3 The reported securities are owned by Beekman Advisors, Inc., of which the reporting person is the Managing Partner. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any purpose.