Form 4 for GNL Global Net Lease, Inc.
Accepted 2024-01-26 00:00:00 ET · period of report 2024-01-24 · accession 0000950142-24-000224 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-01-26 | 2024-01-24+ | GNL | SCHORSCH NICHOLAS S | 10% | S - Sale | $8.94 | -182.9K | 3.87M | -5% | -$1.63M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-01-26 | S | D | 4,837 | $8.90 | 3,861,472 | I By LLC, see footnote | — | — | (F3) These shares were sold for tax planning purposes. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.90-$8.95, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F5) Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the sole member of each of MWM I, LLC, MWM PIC, LLC, AR Global Investments, LLC and AR Capital, LLC. AR Global Investments, LLC is the sole member of American Realty Capital Global II Special LP, LLC. (F4) Held directly by Bellevue Capital Partners, LLC. |
| 2 | Common | Common Stock | 2024-01-24 | S | D | 20,000 | $9.00 | 4,024,330 | I By LLC, see footnote | — | — | (F1) These shares were sold for tax planning purposes. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $9.00 to $9.01, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F5) Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the sole member of each of MWM I, LLC, MWM PIC, LLC, AR Global Investments, LLC and AR Capital, LLC. AR Global Investments, LLC is the sole member of American Realty Capital Global II Special LP, LLC. (F4) Held directly by Bellevue Capital Partners, LLC. |
| 3 | Common | Common Stock | 2024-01-25 | S | D | 158,021 | $8.93 | 3,866,309 | I By LLC, see footnote | — | — | (F2) These shares were sold for tax planning purposes. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.92-$8.93, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F5) Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the sole member of each of MWM I, LLC, MWM PIC, LLC, AR Global Investments, LLC and AR Capital, LLC. AR Global Investments, LLC is the sole member of American Realty Capital Global II Special LP, LLC. (F4) Held directly by Bellevue Capital Partners, LLC. |