Mark E. Patten - 20 Feb 2025 Form 4 Insider Report for ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Feb 2025, 16:46:10 UTC
Prior SEC filing
13 Feb 2025
Next SEC filing
15 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Timothy J. Earnshaw, attorney-in-fact

Key filing fact

Mark E. Patten filed Form 4 for ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) on 24 Feb 2025.

Key facts

  • This page summarizes Mark E. Patten's Form 4 filing for ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 24 Feb 2025, 16:46.

Change

  • Previous filing in this sequence was filed on 13 Feb 2025.
  • 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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EPRT transaction Derivative

OP Units

Award

Transaction value
$0
Shares
+13,029
Change %
Price
$0.000000
Shares after
13,029
Date
20 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,029
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The OP Units ("OP Units") are units of limited partnership interest issued by Essential Properties, L.P., a Delaware limited partnership and the entity through which Essential Properties Realty Trust, Inc. (the "Company") holds substantially all of its assets and conducts its operations. The OP Units are redeemable by the holder for cash or, at the Company's election, may be exchanged for shares of the Company's common stock at a one-to-one ratio, subject to anti-dilution adjustments.

Footnote F2

Represents a special class of OP Units issued by Essential Properties, L.P. pursuant to its Partnership Agreement and the Company's Long-Term Incentive Plan ("LTIP Units"). Each LTIP Unit represents the contingent right to receive one OP Unit upon vesting, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes.

Footnote F3

These LTIP Units vest ratably on the first, second, third and fourth anniversaries of January 18, 2025, subject to the reporting person's continued employment by the Company through the applicable vesting date. There is no expiration date for the LTIP Units or OP Units.

SEC remarks

Exhibit 24.1 - Power of Attorney (incorporated by reference to the Power of Attorney filed as Exhibit 24.1 to the Form 3 filed by the reporting person on August 12, 2020.)

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