SEC Form 4 · accession 0001181431-15-002776
NNN REIT, INC. · NNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Macnab
Officer — Chief Executive Officer · Director
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000751364
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 17, 2015 | A | 28,502 | $41.00 | A | 552,542 | D | |
| Common StockF2 | Feb 17, 2015 | A | 57,003 | $41.00 | A | 609,545 | D | |
| Common StockF3 | Feb 17, 2015 | D | 19,526 | $0.00 | D | 590,019 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares will vest 25% annually beginning in 2016 through 2019. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.
- F2Shares will vest on 01/01/18 based upon achieving certain total shareholder returns. The reporting person has no dividend or voting rights on these shares until the shares have vested.
- F3Restricted shares forfeited as a result of certain conditions not being met.