4//SEC Filing
TAIT AMY L 4
Accession 0001209191-20-043815
CIK 0001424182other
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 12:02 PM ET
Size
16.1 KB
Accession
0001209191-20-043815
Insider Transaction Report
Form 4
TAIT AMY L
DirectorSee Remarks
Transactions
- Award
Common Stock
2020-06-30+408.155→ 150,525.936 total
Holdings
- 62,353(indirect: By Trust)
Common Stock
- 31,925(indirect: By Limited Liability Company)
Common Stock
- 56,993.653(indirect: By Family Limited Liability Company)
Common Stock
- 62,353(indirect: By Trust)
Common Stock
- 13,953.931(indirect: By Spouse)
Common Stock
- 9,201.32(indirect: By Trust)
OP Units
→ Common Stock (9,201.32 underlying) - 289,326.86
OP Units
→ Common Stock (289,326.86 underlying) - 499,423.59(indirect: By Limited Liability Company)
OP Units
→ Common Stock (499,423.59 underlying) - 9,201.32(indirect: By Trust)
OP Units
→ Common Stock (9,201.32 underlying)
Footnotes (8)
- [F1]On June 30, 2020, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 408.155 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]These securities are owned directly by the reporting person.
- [F3]Securities held by irrevocable trust for benefit of reporting person's child.
- [F4]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.
- [F5]Securities held by a limited liability company with respect to which the reporting person and her spouse have shared voting and investment power.
- [F6]Securities held by a family limited liability company with respect to which the reporting person has shared voting and investment power.
- [F7]Represents membership units of Broadstone Net Lease, LLC (the "OP"), a subsidiary and the operating company of the Issuer ("OP Units"). OP Units are exchangeable by the reporting person for shares of Common Stock of the Issuer on a one-for-one basis.
- [F8]Consists of OP Units received in connection with the closing of the internalization of the functions previously performance for the Issuer by Broadstone Real Estate LLC. These OP Units are fully vested.
Documents
Issuer
Broadstone Net Lease, Inc.
CIK 0001424182
Entity typeother
Related Parties
1- filerCIK 0001142301
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 12:02 PM ET
- Size
- 16.1 KB