Jackson Hsieh - 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 $
-$3,458,658
Form type
4
Date filed
12/8/2023, 04:36 PM
Previous filing
Nov 28, 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 +96.2K +26.82% $0.00 455K Dec 6, 2023 Direct F1
transaction SRC Common stock, par value $0.05 per share Tax liability -$1.59M -37.9K -8.32% $42.00 417K Dec 6, 2023 Direct F2
transaction SRC Common stock, par value $0.05 per share Award $0 +113K +27.11% $0.00 530K Dec 6, 2023 Direct F3
transaction SRC Common stock, par value $0.05 per share Tax liability -$1.87M -44.5K -8.39% $42.00 486K Dec 6, 2023 Direct F4
holding SRC Common stock, par value $0.05 per share 722 Dec 6, 2023 By Son A
holding SRC Common stock, par value $0.05 per share 722 Dec 6, 2023 By Son B
holding SRC Common stock, par value $0.05 per share 109K Dec 6, 2023 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 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 the Performance Share Award granted on January 19, 2023.