Mark Manheimer - Feb 28, 2022 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role
President and CEO, Director
Signature
/s/ Patricia M. McBratney, by power of attorney
Stock symbol
NTST
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 02:34 PM
Previous filing
Dec 27, 2021
Next filing
Mar 10, 2022

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 Award $0 +24.9K $0.00 24.9K Feb 28, 2022 Common Stock 24.9K Direct F1, F2
transaction NTST Restricted Stock Units Award $0 +41.6K $0.00 41.6K Feb 28, 2022 Common Stock 41.6K Direct F1, F3
* 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 On February 28, 2022, the reporting person was granted 24,898 RSUs in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program. The RSUs vest in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer throughout each applicable vesting date.
F3 On February 28, 2022, the reporting person was granted 41,554 RSUs pursuant to the Issuer's 2019 Omnibus Incentive Compensation Plan, vesting in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer through each applicable vesting date.