Broadstone Net Lease Inc 4
4 · Broadstone Net Lease Inc · Filed Jul 5, 2017
Insider Transaction Report
Form 4
Lydon Thomas P Jr
Director
Transactions
- Award
Common Stock
2017-06-30+172.813→ 2,135.105 total
Footnotes (2)
- [F1]On June 30, 2017, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 172.813 shares of the Issuer's common stock pursuant to the Issuer's director compensation and stock ownership policy (the "Policy"). Pursuant to the Policy, the Issuer's independent directors are entitled to receive an annual retainer (payable quarterly) and fees for the attendance of meetings of the Issuer's board of directors and committees of the Issuer's board of directors, and the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer, fees and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer, fees and stipends.
- [F2]Includes 1,426.806 shares of common stock owned of record by an IRA for the account of the reporting person.