Christopher P. Tessitore - 15 Feb 2022 Form 4 Insider Report for NATIONAL RETAIL PROPERTIES, INC. (NNN)

Role
Executive Officer
Signature
/s/ Christopher P. Tessitore
Issuer symbol
NNN
Transactions as of
15 Feb 2022
Transactions value $
$1,552,100
Form type
4
Filing time
17 Feb 2022, 15:13:27 UTC
Next filing
16 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNN Common Stock Award $274K +6.47K +5% $42.34 136K 15 Feb 2022 Direct F1
transaction NNN Common Stock Award $1.28M +30.2K +22.21% $42.34 166K 15 Feb 2022 Direct F2
transaction NNN Common Stock Disposed to Issuer $0 -21.1K -12.68% $0.00 145K 15 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares will vest 25% annually beginning on 2023 through 2026. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.
F2 Shares will vest on January 1, 2025 based upon achieving certain total shareholder returns. The Reporting Person has no dividend or voting rights on these shares until the shares have vested.
F3 Restricted shares forfeited as a result of certain conditions not being met.