4//SEC Filing
Hoysradt Jean 4
Accession 0001952976-24-000008
CIK 0001952976other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:22 PM ET
Size
7.7 KB
Accession
0001952976-24-000008
Insider Transaction Report
Form 4
Hoysradt Jean
Director
Transactions
- Other
Common Stock
2024-01-19+18→ 10,896 total - Award
Dividend Equivalent Rights
2024-01-19+136→ 136 totalFrom: 2024-11-02Exp: 2024-11-01→ Common Stock (136 underlying)
Footnotes (2)
- [F1]On December 8, 2023, the Issuer declared a dividend of $0.34 per share to all shareholders of record as of the close of business on December 18, 2023 (the "Share Dividend"). Shareholders could elect to receive their dividend in the form of cash or shares. The aggregate amount of cash to be distributed by the Issuer was limited to a maximum of 20% of the total dividend. This Reporting Person received 100% of their dividend in shares based on their election. The value of the shares to be distributed is based upon the volume weighted average trading prices of the Issuer's common shares on the New York Stock Exchange between January 18, 2024 and January 19, 2024 which was $23.82. The dividend is payable on January 29, 2024.
- [F2]Represents dividend equivalent rights accrued in connection with the Share Dividend on restricted stock units issued on November 2, 2023. Each dividend equivalent is the economic equivalent of one share of NLOP.
Documents
Issuer
Net Lease Office Properties
CIK 0001952976
Entity typeother
Related Parties
1- filerCIK 0001603871
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:22 PM ET
- Size
- 7.7 KB