Kenneth Heimlich - 06 Dec 2023 Form 4 Insider Report for SPIRIT REALTY CAPITAL, INC. (SRC)

Signature
/s/Rochelle Thomas
Issuer symbol
SRC
Transactions as of
06 Dec 2023
Transactions value $
-$732,900
Form type
4
Filing time
08 Dec 2023, 16:26:43 UTC
Previous filing
03 Feb 2023
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRC Common stock, par value $0.05 per share Award $0 +20,384 +44.15% $0 66,552 06 Dec 2023 Direct F1
transaction SRC Common stock, par value $0.05 per share Tax liability -$336,924 -8,022 -12.05% $42 58,530 06 Dec 2023 Direct F2
transaction SRC Common stock, par value $0.05 per share Award $0 +23,957 +40.93% $0 82,487 06 Dec 2023 Direct F3
transaction SRC Common stock, par value $0.05 per share Tax liability -$395,976 -9,428 -11.43% $42 73,059 06 Dec 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the accelerated vesting of the target number of shares pursuant to a Performance Share Award granted on February 9, 2022 pursuant to the Company's incentive award plan.
F2 Represents shares surrendered to Issuer to satisfy income tax and remittance obligations of the reporting person in connection with the accelerated vesting of performance shares pursuant to a Performance Share Award granted on February 9, 2022.
F3 Represents the accelerated vesting of the target number of shares pursuant to a Performance Share Award granted on January 19, 2023 pursuant to the Company's incentive award plan.
F4 Represents shares surrendered to Issuer to satisfy income tax and remittance obligations of the reporting person in connection with the accelerated vesting of performance shares pursuant to the Performance Share Award granted on January 19, 2023.