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

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
* 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.

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.)