Kevin Fennell - Feb 28, 2023 Form 4 Insider Report for Broadstone Net Lease, Inc. (BNL)

Role
SVP - Capital Markets
Signature
John D. Callan, as Attorney-in-Fact
Stock symbol
BNL
Transactions as of
Feb 28, 2023
Transactions value $
-$25,033
Form type
4
Date filed
3/2/2023, 04:00 PM
Previous filing
Mar 2, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNL Common Stock Tax liability -$25K -1.4K -5.8% $17.83 22.8K Feb 28, 2023 Direct F1, F2
transaction BNL Common Stock Award $0 +33.5K +146.89% $0.00 56.3K Feb 28, 2023 Direct F3, F4
* 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 6,794 shares of unvested restricted stock.
F3 Reflects shares of restricted stock awarded to the Reporting Person on February 28, 2023, pursuant to the Broadstone Net Lease, Inc. 2020 Omnibus Equity and Incentive Plan. Of such shares awarded, 16,750 shares vest ratably on each of the first, second, third, and fourth anniversaries of February 28, 2023, and 16,750 shares vest ratably on each of the first, second and third anniversaries of February 28, 2023.
F4 This amount includes 40,294 shares of unvested restricted stock.