Tilden Park Management I LLC 3
3 · NETSTREIT Corp. · Filed Aug 12, 2020
Insider Transaction Report
Form 3
NETSTREIT Corp.NTST
Tilden Park Management I LLC
10% Owner
Holdings
- 2,784,809(indirect: See footnote)
Common Stock
- (indirect: See footnote)
Restricted Stock Units
→ Common Stock (3,797 underlying)
Footnotes (4)
- [F1]The 2,784,809 shares of common stock are owned by Tilden Park Investment Master Fund LP (the "Master Fund"), a Cayman Islands exempted limited partnership and an investment client of Tilden Park Management I LLC ("Management I"). Management I has voting rights and investment control over the shares.
- [F2]The restricted stock units (each an "RSU") vest in approximately equal installments on each of the first three anniversaries of December 23, 2019, generally subject to continued service as a director through each applicable vesting date. See footnote 4 for additional information related to the applicable director.
- [F3]Each RSU represents a contingent right to receive one share of common stock.
- [F4]The RSUs are owned by the Master Fund, and Management I would have voting rights and investment control over the shares, once vested. The RSUs were issued to the Master Fund in respect of Mr. David Busker's service as a member of NTST's board of directors. Mr. Busker is an employee of Tilden Park Capital Management LP.