Andrew P. Blocher - Jan 6, 2022 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role: CFO, Treasurer and Secretary
Signature: /s/ Patricia M. McBratney, by power of attorney
Stock symbol: NTST
Transactions as of: Jan 6, 2022
Transactions value $: -$112,691
Form type: 4
Date filed: 1/10/2022, 03:57 PM
Previous filing: Aug 19, 2021
Next filing: Mar 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTST	Common Stock	Options Exercise	$0	+15.2K	+104.77%	$0.00	29.7K	Jan 6, 2022	Direct	F1
transaction	NTST	Common Stock	Tax liability	-$113K	-4.89K	-16.47%	$23.05	24.8K	Jan 6, 2022	Direct	F2
holding	NTST	Common Stock						2K	Jan 6, 2022	See Footnote	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NTST	Restricted Stock Units	Options Exercise	$0	-15.2K	-25%	$0.00	45.6K	Jan 6, 2022	Common Stock	15.2K		Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F2	Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units previously granted to the reporting person. This is not an open market sale of securities.
F3	These shares of common stock are held in accounts for the benefit of the reporting person's children and of which the reporting person acts as custodian.
F4	On January 6, 2020, the reporting person was granted 75,949 RSUs vesting in approximately equal installments on each of the first five anniversaries of the grant date, generally subject to continued service as an officer through each applicable vesting date.