Priscilla Almodovar - Nov 1, 2021 Form 4 Insider Report for VEREIT, Inc. (VER)

Role
Director
Signature
/s/ Justin A. Shuler, by power of attorney
Stock symbol
VER
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/1/2021, 06:11 PM
Previous filing
Jun 7, 2021
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VER Common Stock Disposed to Issuer $0 -3.3K -100% $0.00* 0 Nov 1, 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.