Lydon Thomas P Jr 4
4 · Broadstone Net Lease, Inc. · Filed Oct 2, 2017
Insider Transaction Report
Form 4
Lydon Thomas P Jr
Director
Transactions
- Award
Common Stock
2017-09-29+146.563→ 2,304.435 total
Footnotes (3)
- [F1]On September 29, 2017, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 146.563 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 at 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 22.767 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.
- [F3]Includes 1,448.853 shares of common stock owned of record by an IRA for the account of the reporting person.