SEC Form 4 · accession 0001144204-16-141774
Global Net Lease, Inc. · GNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee M Elman
Director
Period of report
Dec 29, 2016
Accepted (ET)
Dec 29, 2016 · 5:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001526113
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 29, 2016 | A | 7,867 | — | A | 7,867 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Dec 29, 2016 | A | 3,727 | A | — | — | Common Stock | 3,727 | 3,727 | D |
Explanation of responses
- F1Represents previously unvested shares of American Realty Capital Global Trust II, Inc. ("Global II") held by the reporting person that vested and converted to the issuer's common stock on December 29, 2016 upon the closing of the issuer's merger with Global II on December 22, 2016.
- F2Represents restricted stock units ("RSUs") issued pursuant to the issuer's Amended and Restated Incentive Restricted Share Plan that vest ratably over a three-year period beginning on December 22, 2017 in increments of 1/3 per annum. Each RSU represents the contingent right to receive one share of the issuer's common stock upon vesting of the RSU.