Lydon Thomas P Jr 4
4 · Broadstone Net Lease, Inc. · Filed Apr 2, 2018
Insider Transaction Report
Form 4
Lydon Thomas P Jr
Director
Transactions
- Award
Common Stock
2018-03-29+370.37→ 2,900.647 total
Footnotes (3)
- [F1]On March 29, 2018, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 370.370 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.
- [F2]Includes 23.487 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 1,495.374 shares of common stock owned of record by an IRA for the account of the reporting person.