Priscilla Almodovar - 01 Nov 2021 Form 4 Insider Report for VEREIT, Inc.

Role
Director
Signature
/s/ Justin A. Shuler, by power of attorney
Issuer symbol
N/A
Transactions as of
01 Nov 2021
Net transactions value
$0
Form type
4
Filing time
01 Nov 2021, 18:11:46 UTC
Previous filing
07 Jun 2021
Next filing
19 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VER Common Stock Disposed to Issuer $0 -3,304 -100% $0.000000* 0 01 Nov 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Priscilla Almodovar is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As of the Effective Time (as defined in the Agreement and Plan of Merger by and among Realty Income Corporation ("Realty Income"), Rams MD Subsidiary I, Inc., Rams Acquisition Sub II, LLC, VEREIT, Inc. ("VEREIT") and VEREIT Operating Partnership, L.P., dated as of April 29, 2021, as amended or supplemented from time to time), deferred stock units awarded to the Reporting Person were converted into a Realty Income deferred stock unit award with respect to a number of whole shares of Realty Income common stock equal to the product obtained by multiplying the number of shares of VEREIT common stock subject to such VEREIT deferred stock unit award as of immediately prior to the Effective Time by 0.705.