SEC Form 4 · accession 0001209191-18-022358
Broadstone Net Lease, Inc. · BNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurie A. Hawkes
Director
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001424182
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 29, 2018 | A | 309 | $0.00 | A | 4,890 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 29, 2018, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 308.642 shares of the Issuer's common stock pursuant to the Issuer's director compensation and stock ownership policy (the "Policy"). Pursuant to the Policy, the Issuer's independent directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.
- F2Shares of common stock owned by a trust of which the reporting person is the trustee and with respect to which the reporting person has sole voting and investment power.