Mark Manheimer - Aug 17, 2024 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Signature
/s/ Patricia M. Gibbs, by power of attorney
Stock symbol
NTST
Transactions as of
Aug 17, 2024
Transactions value $
-$41,098
Form type
4
Date filed
8/20/2024, 05:55 PM
Previous filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTST Common Stock Options Exercise $0 +6.11K +2.76% $0.00 228K Aug 17, 2024 Direct F1
transaction NTST Common Stock Tax liability -$41.1K -2.57K -1.13% $16.01 225K Aug 17, 2024 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 -6.11K -50% $0.00 6.11K Aug 17, 2024 Common Stock 6.11K 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 30,555 RSUs pursuant to the Issuer's 2019 Omnibus Incentive Compensation Plan, vesting in substantially 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.