Rochelle Thomas - 06 Dec 2023 Form 4 Insider Report for SPIRIT REALTY CAPITAL, INC.

Role: EVP, General Counsel
Signature: /s/Rochelle Thomas
Issuer symbol: N/A
Transactions as of: 06 Dec 2023
Net transactions value: -$771,456
Form type: 4
Filing time: 08 Dec 2023, 16:29:20 UTC
Previous filing: 02 Mar 2023
Next filing: 02 Jan 2024
SEC: View on sec.gov

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	+15,238	+172%	$0.000000	24,072	06 Dec 2023	Direct	F1
transaction	SRC	Common stock, par value $0.05 per share	Tax liability	$251,874	-5,997	-25%	$42.00	18,075	06 Dec 2023	Direct	F2
transaction	SRC	Common stock, par value $0.05 per share	Tax liability	$146,034	-3,477	-19%	$42.00	14,598	06 Dec 2023	Direct	F3
transaction	SRC	Common stock, par value $0.05 per share	Award	$0	+13,253	+91%	$0.000000	27,851	06 Dec 2023	Direct	F4
transaction	SRC	Common stock, par value $0.05 per share	Tax liability	$219,072	-5,216	-19%	$42.00	22,635	06 Dec 2023	Direct	F5
transaction	SRC	Common stock, par value $0.05 per share	Award	$0	+9,345	+41%	$0.000000	31,980	06 Dec 2023	Direct	F6
transaction	SRC	Common stock, par value $0.05 per share	Tax liability	$154,476	-3,678	-12%	$42.00	28,302	06 Dec 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.