Mark Manheimer - 28 Feb 2025 Form 4 Insider Report for NETSTREIT Corp. (NTST)

Role: President, CEO and Secretary, Director
Signature: /s/ Sofia Chernylo, by power of attorney
Issuer symbol: NTST
Transactions as of: 28 Feb 2025
Net transactions value: -$255,113
Form type: 4
Filing time: 04 Mar 2025, 16:28:20 UTC
Previous filing: 28 Feb 2025
Next filing: 10 Mar 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	+13,852	+5.2%	$0.000000	278,108	28 Feb 2025	Direct	F1
transaction	NTST	Common Stock	Tax liability	$79,527	-5,316	-1.9%	$14.96	272,792	28 Feb 2025	Direct	F2
transaction	NTST	Common Stock	Options Exercise	$0	+15,189	+5.6%	$0.000000	287,981	28 Feb 2025	Direct	F1
transaction	NTST	Common Stock	Tax liability	$87,202	-5,829	-2%	$14.96	282,152	28 Feb 2025	Direct	F2
transaction	NTST	Common Stock	Options Exercise	$0	+8,300	+2.9%	$0.000000	290,452	28 Feb 2025	Direct	F1
transaction	NTST	Common Stock	Tax liability	$47,663	-3,186	-1.1%	$14.96	287,266	28 Feb 2025	Direct	F2
transaction	NTST	Common Stock	Options Exercise	$0	+7,092	+2.5%	$0.000000	294,358	28 Feb 2025	Direct	F1
transaction	NTST	Common Stock	Tax liability	$40,721	-2,722	-0.92%	$14.96	291,636	28 Feb 2025	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	-13,852	-100%	$0.000000	0	28 Feb 2025	Common Stock	13,852		Direct	F1, F3
transaction	NTST	Restricted Stock Units	Options Exercise	$0	-15,189	-50%	$0.000000	15,190	28 Feb 2025	Common Stock	15,189		Direct	F1, F4
transaction	NTST	Restricted Stock Units	Options Exercise	$0	-8,300	-100%	$0.000000	0	28 Feb 2025	Common Stock	8,300		Direct	F1, F5
transaction	NTST	Restricted Stock Units	Options Exercise	$0	-7,092	-50%	$0.000000	7,093	28 Feb 2025	Common Stock	7,092		Direct	F1, F6

* 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 February 28, 2022, the reporting person was granted 41,554 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.
F4	On February 28, 2023, the reporting person was granted 45,567 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.
F5	On February 28, 2022, the reporting person was granted 24,898 RSUs in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program. The RSUs vest in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer throughout each applicable vesting date.
F6	On February 28, 2023, the reporting person was granted 21,277 RSUs in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program. The RSUs vest in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer throughout each applicable vesting date.