4//SEC Filing
NARASIMHAN SHEKAR 4
Accession 0001209191-20-022391
CIK 0001424182other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 11:46 AM ET
Size
6.4 KB
Accession
0001209191-20-022391
Insider Transaction Report
Form 4
NARASIMHAN SHEKAR
Director
Transactions
- Award
Common Stock
2020-03-31+303.676→ 16,919.882 total(indirect: By Beekman Advisors, Inc.)
Footnotes (3)
- [F1]On March 31, 2020, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 303.676 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of 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 stipend.
- [F2]Includes 85.144 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, 11:46 AM ET
- Size
- 6.4 KB