Christopher P. Tessitore - 15 Feb 2023 Form 4 Insider Report for NATIONAL RETAIL PROPERTIES, INC. (NNN)

Role
EVP, Chief General Counsel
Signature
/s/ Christopher P. Tessitore
Issuer symbol
NNN
Transactions as of
15 Feb 2023
Transactions value $
$1,819,817
Form type
4
Filing time
16 Feb 2023, 15:16:02 UTC
Previous filing
17 Feb 2022
Next filing
14 Dec 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 $321K +6.88K +4.75% $46.65 152K 15 Feb 2023 Direct F1
transaction NNN Common Stock Award $1.5M +32.1K +21.15% $46.65 184K 15 Feb 2023 Direct F2
transaction NNN Common Stock Disposed to Issuer $0 -5.46K -2.96% $0.00 179K 15 Feb 2023 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 2024 through 2027. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.
F2 Shares will vest on January 1, 2026 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 begin met.