Mark Manheimer - 23 Dec 2024 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role
President, CEO and Secretary, Director
Signature
/s/ Daniel Donlan, by power of attorney
Issuer symbol
NTST
Transactions as of
23 Dec 2024
Net transactions value
-$173,818
Form type
4
Filing time
27 Dec 2024, 15:23:50 UTC
Previous filing
20 Aug 2024
Next filing
19 Feb 2025
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 +30,379 +13% $0.000000 255,712 23 Dec 2024 Direct F1
transaction NTST Common Stock Tax liability $173,818 -12,258 -4.8% $14.18 243,454 23 Dec 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 -30,379 -100% $0.000000 0 23 Dec 2024 Common Stock 30,379 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 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.