Andrew P. Blocher - Aug 17, 2022 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Signature
/s/ Patricia M. Gibbs (formerly McBratney), by power of attorney
Stock symbol
NTST
Transactions as of
Aug 17, 2022
Transactions value $
-$46,945
Form type
4
Date filed
8/19/2022, 03:09 PM
Previous filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTST Common Stock Options Exercise $0 +6.11K +18.09% $0.00 39.9K Aug 17, 2022 Direct F1
transaction NTST Common Stock Tax liability -$46.9K -2.23K -5.58% $21.08 37.7K Aug 17, 2022 Direct F2
holding NTST Common Stock 2K Aug 17, 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 -6.11K -25% $0.00 18.3K Aug 17, 2022 Common Stock 6.11K 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 August 17, 2020, the reporting person was granted 30,555 restricted stock units 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.