Patricia M. Gibbs - 17 Aug 2023 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role
SVP, CAO
Signature
/s/ Patricia M. Gibbs
Issuer symbol
NTST
Transactions as of
17 Aug 2023
Net transactions value
-$11,435
Form type
4
Filing time
21 Aug 2023, 17:49:03 UTC
Previous filing
10 Mar 2023
Next filing
21 Feb 2024
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 +2,778 +41% $0.000000 9,495 17 Aug 2023 Direct F1
transaction NTST Common Stock Tax liability $11,435 -677 -7.1% $16.89 8,818 17 Aug 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 -2,778 -33% $0.000000 5,556 17 Aug 2023 Common Stock 2,778 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 RSUs 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 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.