SEC Form 4 · accession 0001144204-19-012371
Global Net Lease, Inc. · GNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Larry Nelson
Officer — CEO and President · Director
Period of report
Mar 5, 2019
Accepted (ET)
Mar 5, 2019 · 8:00 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 Stock | Mar 5, 2019 | P | 6,000 | $18.405 | A | 14,000 | D | |
| Common StockF1,F2 | holding | — | — | — | 8,669 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock of the Company issued on November 16, 2018 to the Company's external advisor, Global Net Lease Advisors, LLC (the "Advisor"), pursuant to the terms of the Company's advisory agreement with the Advisor (as amended, the "Advisory Agreement") as the stock portion ($184,018.17 out of the $368,036.34 in total) of the Incentive Compensation (as defined in the Advisory Agreement) earned by the Advisor pursuant to the Advisory Agreement for the three months ended September 30, 2018.
- F2The reporting person is the chief executive officer and president of, and also holds a non-controlling profit interest in, the Advisor, which owns these reported securities. The reporting person disclaims beneficial ownership of these securities reported on this Form 4 except to the extent of his pecuniary interest therein.