SEC Form 4 · accession 0001308606-17-000016
SPIRIT REALTY CAPITAL, INC. · SRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H Nolan Jr.
Officer — Chief Executive Officer · Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001308606
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | Mar 1, 2017 | S | 15,000 | $10.8473 | D | 818,186 | D | |
| Common Stock, par value $0.01 per shareF3 | Mar 1, 2017 | F | 18,667 | $10.90 | D | 799,519 | D | |
| Common Stock, par value $0.01 per shareF4 | Mar 2, 2017 | A | 160,714 | $10.85 | A | 960,233 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sales made pursuant to a previously established Rule 10b5-1 plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.75 to $10.94 per share, inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price point upon request of the Securities and Exchange Commission staff, issuer, or stockholder of issuer.
- F3Represents shares surrendered to Issuer in connection with the issuance of performance share awards to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to the closing price on NYSE on March 1, 2017 of $10.90 and does not represent a sale by the reporting person.
- F4Shares of Restricted Stock granted pursuant to the Company's Incentive Award Plan. The shares of Restricted Stock vest annually in three equal installments beginning on February 1, 2018.