SEC Form 4 · accession 0001144204-18-048375
American Finance Trust, Inc · AFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Kabnick
Director
Period of report
Sep 5, 2018
Accepted (ET)
Sep 6, 2018 · 9:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001568162
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F3 | Sep 5, 2018 | A | 21,234 | $0.00 | A | 24,997 | D | |
| Class A Common StockF2,F3 | Sep 5, 2018 | A | 5,308 | $0.00 | A | 30,305 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares of Class A common stock of American Finance Trust, Inc. (the "Registrant") issued pursuant to the 2018 Omnibus Incentive Compensation Plan of the Registrant, which vest in three equal installments on July 19, 2019, 2020 and 2021.
- F2Represents restricted shares of Class A common stock of the Registrant issued pursuant to the 2018 Omnibus Incentive Compensation Plan of the Registrant, which vest on July 19, 2019.
- F3This amount includes 941.25 shares of Class B-1 common stock and 941.25 shares of Class B-2 common stock, which will automatically convert into an equal number of shares of Class A common stock, to be listed on The Nasdaq Global Select Market no later than October 17, 2018 and January 15, 2019, respectively.