Form 4 for NNN NNN REIT, INC.
Accepted 2022-05-03 00:00:00 ET · period of report 2022-04-29 · accession 0001209191-22-026760 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-05-03 | 2022-04-29 | NNN | Horn Stephen A JR | EVP, COO | A - Grant | $45.80 | +61.7K | 216.7K | +40% | +$2.82M |
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 | 2022-04-29 | A | A | 10,000 | $45.80 | 226,689 | D | — | — | (F2) The grant provides for a cliff vesting whereby 60% of the shares will vest at the end of a three year period ending in 2025 and 40% of the shares will vest at the end of a five year period ending in 2027. The reporting person has voting and dividend rights on all of these shares. |
| 2 | Common | Common Stock | 2022-04-29 | A | A | 42,536 | $45.80 | 269,225 | D | — | — | (F3) Shares will vest on January 1, 2025 based on achieving certain company performance measures. The Reporting Person has no dividend or voting rights on these shares until the shares have vested. |
| 3 | Common | Common Stock | 2022-04-29 | A | A | 9,115 | $45.80 | 216,689 | D | — | — | (F1) The shares will vest 25% annually beginning on 2023 through 2026. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares. |