Michael Reiter - Feb 16, 2024 Form 4 Insider Report for Blue Owl Real Estate Net Lease Trust (NONE)

Role
Chief Operating Officer, Director
Signature
/s/ Karen Hager, as Attorney-in-Fact
Stock symbol
NONE
Transactions as of
Feb 16, 2024
Transactions value $
$0
Form type
4
Date filed
2/21/2024, 04:41 PM
Previous filing
Jun 5, 2023

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 NONE Blue Owl NLT Operating Partnership Units Award $0 +24.6K +16.28% $0.00 176K Feb 16, 2024 Class I common shares of beneficial interest 24.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class I limited partner interests in Blue Owl NLT Operating Partnership LP, formerly known as OakTrust Operating Partnership, L.P. ("Blue Owl NLT Operating Partnership Units"), which may, subject to certain restrictions, be exchanged for a corresponding number of Class I common shares of beneficial interest, par value $0.01 per share or the cash equivalent. Blue Owl NLT Operating Partnership Units do not expire.
F2 The Blue Owl NLT Operating Partnership Units represent a portion of the Blue Owl NLT Operating Partnership Units previously issued to Blue Owl Real Estate Net Lease Trust CPV LP as a performance allocation, a portion of which was allocated to the Reporting Person and distributed to him on February 16, 2024.