Patricia M. Gibbs - 08 Mar 2023 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role
Senior Vice President, Chief Accounting Officer
Signature
/s/ Patricia M. Gibbs (formerly McBratney)
Issuer symbol
NTST
Transactions as of
08 Mar 2023
Net transactions value
-$5,071
Form type
4
Filing time
10 Mar 2023, 10:17:02 UTC
Previous filing
02 Mar 2023
Next filing
21 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTST Common Stock Options Exercise $0 +1,049 +18% $0.000000 6,973 08 Mar 2023 Direct F1
transaction NTST Common Stock Tax liability $5,071 -256 -3.7% $19.81 6,717 08 Mar 2023 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 -1,049 -50% $0.000000 1,050 08 Mar 2023 Common Stock 1,049 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 March 8, 2021, the reporting person was granted 3,148 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.

Remarks:

Senior Vice President, Chief Accounting Officer