Mark Manheimer - Dec 23, 2022 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role: President, CEO and Secretary, Director
Signature: /s/ Patricia M. Gibbs (formerly McBratney), by power of attorney
Stock symbol: NTST
Transactions as of: Dec 23, 2022
Transactions value $: -$229,895
Form type: 4
Date filed: 12/28/2022, 02:54 PM
Previous filing: Aug 19, 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	+30.4K	+35.68%	$0.00	116K	Dec 23, 2022	Direct	F1
transaction	NTST	Common Stock	Tax liability	-$230K	-12K	-10.35%	$19.23	104K	Dec 23, 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	-30.4K	-33.33%	$0.00	60.8K	Dec 23, 2022	Common Stock	30.4K		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 December 23, 2019, the reporting person was granted 151,899 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.