John Callan - Feb 28, 2024 Form 4 Insider Report for Broadstone Net Lease, Inc. (BNL)

Signature
John D. Callan
Stock symbol
BNL
Transactions as of
Feb 28, 2024
Transactions value $
-$56,121
Form type
4
Date filed
3/1/2024, 04:15 PM
Previous filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNL Common Stock Tax liability -$56.1K -3.76K -9.59% $14.91 35.5K Feb 28, 2024 Direct F1, F2, F3
transaction BNL Common Stock Award $0 +50K +140.97% $0.00 85.5K Feb 28, 2024 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the vesting of shares awarded pursuant to the Company's 2020 Omnibus Equity and Incentive Plan.
F2 This amount includes 18,810 shares of unvested restricted stock.
F3 The reported shares are owned jointly with the reporting person's spouse, with respect to which the reporting person shares voting and investment power.
F4 Reflects shares of restricted stock awarded to the Reporting Person on February 28, 2024 pursuant to the Broadstone Net Lease, Inc. 2020 Omnibus Equity and Incentive Plan, consisting of 9,681 shares that will vest ratably on each of the first, second, third, and fourth anniversaries of February 28, 2024, and 40,337 shares granted as a retention award that will vest in full on the fifth anniversary of February 28, 2024.
F5 This amount includes 68,828 shares of unvested restricted stock.