Mary Hogan Preusse - Jun 3, 2021 Form 4 Insider Report for VEREIT, Inc. (VER)

Role
Director
Signature
/s/ Bianca A. Martinez, by power of attorney
Stock symbol
VER
Transactions as of
Jun 3, 2021
Transactions value $
$124,995
Form type
4
Date filed
6/7/2021, 04:55 PM
Previous filing
May 24, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VER Common Stock Award $125K +2.56K +17.54% $48.75 17.2K Jun 3, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects deferred stock units granted on June 3, 2021 in respect of the annual equity retainer due to the Reporting Person, for the Reporting Person's service as an independent director. Pursuant to the director's deferral election, such deferred stock units will be settled in common stock upon the earlier of the Reporting Person's separation from service from the Issuer, death or a change in control of the Issuer.
F2 Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on June 3, 2021.
F3 Shares are reflected on a post-split basis in accordance with the one-for-five reverse stock split of VEREIT, Inc.'s issued and outstanding shares of common stock completed on December 17, 2020.

Remarks:

Exhibit 24.0 - Power of Attorney