Thelen Clayton R. 4
4 · AGREE REALTY CORP · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Thelen Clayton R.
CFO & Secretary
Transactions
- Tax Payment
Common Shares
2020-02-23$79.62/sh−116$9,236→ 6,663 total - Award
Common Shares
2020-02-23+3,454→ 10,117 total
Footnotes (2)
- [F1]Represents Common Shares withheld by the Issuer as payment of tax withholdings due upon vesting of 341 Common Shares.
- [F2]All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Compensation Committee of the Board of Directors. 691, 691, 691, 691 and 690 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on February 23, 2021, February 23, 2022, February 23, 2023, February 23, 2024 and February 23, 2025, respectively.