Czarnecki Christopher J 4
4 · Broadstone Net Lease, Inc. · Filed Sep 21, 2020
Insider Transaction Report
Form 4
Czarnecki Christopher J
DirectorChief Executive Officer
Transactions
- Purchase
Class A Common Stock
2020-09-21$17.00/sh+6,000$102,000→ 6,000 total
Holdings
- 54,881(indirect: See footnote)
Common Stock
- 229,303
Common Stock
Footnotes (5)
- [F1]Each share of the Issuer's Class A Common Stock will automatically convert to one share of the Issuer's Common Stock on March 20, 2021, the date that is 180 days after the completion of the initial public offering of the Issuer's Class A Common Stock.
- [F2]Represents shares of the Issuer's Class A Common Stock purchased through a directed share program in connection with the initial public offering of the Issuer's Class A Common Stock, which closed on September 21, 2020. The shares were purchased at the initial public offering price of $17.00 per share.
- [F3]On September 18, 2020, the Issuer effected a four-for-one stock split of its Common Stock and pursuant to which no fractional shares of Common Stock were issued (the "Recapitalization"). The amount of securities reported on this Form 4 has been adjusted to reflect the Recapitalization.
- [F4]The reported shares are owned jointly with the reporting person's spouse, with respect to which the reporting person shares voting and investment power.
- [F5]Shares held by the Elizabeth A. Czarnecki Revocable Trust, of which the reporting person is a trustee and beneficiary.