Peter M. Mavoides - Feb 14, 2023 Form 4 Insider Report for ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)

Role: President and CEO, Director
Signature: /s/ Timothy J. Earnshaw, attorney-in-fact
Stock symbol: EPRT
Transactions as of: Feb 14, 2023
Transactions value $: -$617,564
Form type: 4
Date filed: 2/16/2023, 06:54 PM
Previous filing: Jun 14, 2022
Next filing: Apr 17, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPRT	Common Stock	Award	$0	+97.9K	+24.52%	$0.00	497K	Feb 14, 2023	Direct	F1
transaction	EPRT	Common Stock	Tax liability	-$618K	-25K	-5.04%	$24.67	472K	Feb 14, 2023	Direct
transaction	EPRT	Common Stock	Award	$0	+56.3K	+11.92%	$0.00	528K	Feb 15, 2023	Direct	F2

Showing 1 to 3 of 3 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares acquired upon the achievement of the performance criteria underlying the award of performance-based restricted stock units granted to the reporting person in 2020, of which 50% were immediately vested upon certification of the achievement of the performance criteria and the remaining 50% will vest on December 31, 2023, subject to the reporting person's continued service through such date.
F2	Reflects a grant of restricted stock units that vest ratably on the first, second, third and fourth anniversaries of January 18, 2023, subject to the reporting person's continued employment by the issuer through the applicable vesting date.

Content

Represents shares acquired upon the achievement of the performance criteria underlying the award of performance-based restricted stock units granted to the reporting person in 2020, of which 50% were immediately vested upon certification of the achievement of the performance criteria and the remaining 50% will vest on December 31, 2023, subject to the reporting person's continued service through such date.

Reflects a grant of restricted stock units that vest ratably on the first, second, third and fourth anniversaries of January 18, 2023, subject to the reporting person's continued employment by the issuer through the applicable vesting date.

Remarks:

Exhibit 24.1 - Power of Attorney (incorporated by reference to the Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the reporting person on November 4, 2021.)