Patricia M. Gibbs - Aug 17, 2022 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role
Senior Vice President, Chief Accounting Officer
Signature
/s/ Patricia M. Gibbs (formerly McBratney)
Stock symbol
NTST
Transactions as of
Aug 17, 2022
Transactions value $
-$14,271
Form type
4
Date filed
8/19/2022, 03:10 PM
Previous filing
Mar 10, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTST Common Stock Options Exercise $0 +2.78K +96.02% $0.00 5.67K Aug 17, 2022 Direct F1
transaction NTST Common Stock Tax liability -$14.3K -677 -11.94% $21.08 4.99K Aug 17, 2022 Direct F2

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 -2.78K -25% $0.00 8.33K Aug 17, 2022 Common Stock 2.78K 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 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 On August 17, 2020, the reporting person was granted 13,889 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.

Remarks:

Senior Vice President, Chief Accounting Officer