Julie Richardson - 01 Nov 2021 Form 4 Insider Report for VEREIT, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Nov 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Nov 2021, 18:28:10 UTC
Prior SEC filing: 20 Oct 2021
Next SEC filing: 17 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ Justin A. Shuler, by power of attorney

Key filing fact

Julie Richardson filed Form 4 for VEREIT, Inc. on 01 Nov 2021.

Key facts

This page summarizes Julie Richardson's Form 4 filing for VEREIT, Inc..
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 01 Nov 2021, 18:28.

Change

Previous filing in this sequence was filed on 20 Oct 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VER transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -5,409
Change %: -12%
Price: $0.000000
Shares after: 39,973
Date: 01 Nov 2021
Ownership: Direct
Footnotes: F1

VER transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -39,973
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Nov 2021
Ownership: Direct
Footnotes: F2

VER transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -1,160
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Nov 2021
Ownership: By Trust
Footnotes: F3, F4

VER transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -1,160
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Nov 2021
Ownership: By Trust
Footnotes: F3, F5

VER transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -1,160
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Nov 2021
Ownership: By Trust
Footnotes: F3, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Julie Richardson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Represents shares of VEREIT, Inc. ("VEREIT") common stock disposed in connection with the Agreement and Plan of Merger by and among Realty Income Corporation ("Realty Income"), Rams MD Subsidiary I, Inc., Rams Acquisition Sub II, LLC, VEREIT and VEREIT Operating Partnership, L.P., dated as of April 29, 2021 (as amended or supplemented from time to time, the "Merger Agreement"). In accordance with the Merger Agreement, upon the Effective Time (as defined in the Merger Agreement), each share of VEREIT common stock was converted into the right to receive 0.705 shares of common stock of Realty Income (the "Exchange Ratio").

Footnote F2

As of the Effective Time, deferred stock units awarded to the Reporting Person were converted into a number of newly issued shares of Realty Income common stock equal to the product obtained by multiplying the number of shares of VEREIT common stock subject to such deferred stock unit award as of immediately prior to the Effective Time by the Exchange Ratio.

Footnote F3

Represents shares of VEREIT common stock disposed in connection with Merger Agreement. In accordance with the Merger Agreement, upon the Effective Time (as defined in the Merger Agreement), each share of VEREIT common stock was converted into the right to receive 0.705 shares of common stock of Realty Income.

Footnote F4

By the Charles Richardson Trust.

Footnote F5

By the Lucas Richardson Trust.

Footnote F6

By the Jack Richardson Trust.