Mark Manheimer - Dec 23, 2023 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role: President, CEO and Secretary, Director
Signature: /s/ Patricia M. Gibbs, by power of attorney
Stock symbol: NTST
Transactions as of: Dec 23, 2023
Transactions value $: -$207,141
Form type: 4
Date filed: 12/27/2023, 03:58 PM
Previous filing: Aug 21, 2023
Next filing: Feb 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTST	Common Stock	Options Exercise	$0	+30.4K	+21.02%	$0.00	175K	Dec 23, 2023	Direct	F1
transaction	NTST	Common Stock	Tax liability	-$207K	-11.8K	-6.72%	$17.62	163K	Dec 23, 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	-30.4K	-50%	$0.00	30.4K	Dec 23, 2023	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 RSUs 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.