4//SEC Filing
NARASIMHAN SHEKAR 4
Accession 0001209191-19-022182
CIK 0001424182other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 11:37 AM ET
Size
6.4 KB
Accession
0001209191-19-022182
Insider Transaction Report
Form 4
NARASIMHAN SHEKAR
Director
Transactions
- Award
Common Stock
2019-03-29+205.88→ 14,979.021 total(indirect: By Beekman Advisors, Inc.)
Footnotes (3)
- [F1]On March 29, 2019, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 205.880 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 224.962 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]The reported securities are owned by Beekman Advisors, Inc., of which the reporting person is the Managing Partner. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any purpose.
Documents
Issuer
Broadstone Net Lease, Inc.
CIK 0001424182
Entity typeother
Related Parties
1- filerCIK 0001078954
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 11:37 AM ET
- Size
- 6.4 KB