Rochelle Thomas - Dec 6, 2023 Form 4 Insider Report for SPIRIT REALTY CAPITAL, INC. (SRC)

Signature
/s/Rochelle Thomas
Stock symbol
SRC
Transactions as of
Dec 6, 2023
Transactions value $
-$771,456
Form type
4
Date filed
12/8/2023, 04:29 PM
Previous filing
Mar 2, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRC Common stock, par value $0.05 per share Award $0 +15.2K +172.49% $0.00 24.1K Dec 6, 2023 Direct F1
transaction SRC Common stock, par value $0.05 per share Tax liability -$252K -6K -24.91% $42.00 18.1K Dec 6, 2023 Direct F2
transaction SRC Common stock, par value $0.05 per share Tax liability -$146K -3.48K -19.24% $42.00 14.6K Dec 6, 2023 Direct F3
transaction SRC Common stock, par value $0.05 per share Award $0 +13.3K +90.79% $0.00 27.9K Dec 6, 2023 Direct F4
transaction SRC Common stock, par value $0.05 per share Tax liability -$219K -5.22K -18.73% $42.00 22.6K Dec 6, 2023 Direct F5
transaction SRC Common stock, par value $0.05 per share Award $0 +9.35K +41.29% $0.00 32K Dec 6, 2023 Direct F6
transaction SRC Common stock, par value $0.05 per share Tax liability -$154K -3.68K -11.5% $42.00 28.3K Dec 6, 2023 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock granted pursuant to the Company's incentive award plan. The restricted shares will vest annually in three equal installments beginning on December 6, 2024.
F2 Represents shares surrendered to Issuer to satisfy income tax and remittance obligations of the reporting person in connection with the accelerated vesting of restricted shares pursuant to a Restricted Stock Award granted on December 6, 2023.
F3 Represents shares surrendered to Issuer to satisfy income tax and remittance obligations of the reporting person in connection with the accelerated vesting of the following restricted stock awards: 2,604 pursuant to a Restricted Stock Award granted on January 12, 2021, and 6,230 pursuant to a Restricted Stock Award granted on January 19, 2023.
F4 Represents the accelerated vesting of the target number of shares pursuant to a Performance Share Award granted on February 9, 2022 pursuant to the Company's incentive award plan.
F5 Represents shares surrendered to Issuer to satisfy income tax and remittance obligations of the reporting person in connection with the accelerated vesting of performance shares pursuant to a Performance Share Award granted on February 9, 2022.
F6 Represents the accelerated vesting of the target number of shares pursuant to a Performance Share Award granted on January 19, 2023 pursuant to the Company's incentive award plan.
F7 Represents shares surrendered to Issuer to satisfy income tax and remittance obligations of the reporting person in connection with the accelerated vesting of performance shares pursuant to a Performance Share Award granted on January 19, 2023.