Patricia M. Gibbs - Mar 8, 2024 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role
SVP, CAO
Signature
/s/ Patricia M. Gibbs
Stock symbol
NTST
Transactions as of
Mar 8, 2024
Transactions value $
-$18,061
Form type
4
Date filed
3/12/2024, 03:47 PM
Previous filing
Mar 1, 2024
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTST Common Stock Options Exercise $0 +1.05K +9.91% $0.00 11.6K Mar 8, 2024 Direct F1
transaction NTST Common Stock Tax liability -$6.02K -346 -2.97% $17.40 11.3K Mar 8, 2024 Direct F2
transaction NTST Common Stock Award $0 +2.1K +18.61% $0.00 13.4K Mar 8, 2024 Direct F3
transaction NTST Common Stock Tax liability -$12K -692 -5.16% $17.40 12.7K Mar 8, 2024 Direct F4

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 -1.05K -100% $0.00* 0 Mar 8, 2024 Common Stock 1.05K Direct F1, F5
* 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 Represents shares of common stock awarded as a result of the issuer having met certain performance criteria, pursuant to the issuer's grant of performance-based RSUs on March 8, 2021.
F4 Shares withheld by the issuer to satisfy mandatory tax withholding requirement in connection with the issuance of vested common shares. This is not an open market sale of securities.
F5 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.