Stephen Breslin - 23 Feb 2023 Form 4 Insider Report for AGREE REALTY CORP (ADC)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Cheryl A. Hamilton, Attorney-in-Fact
Issuer symbol
ADC
Transactions as of
23 Feb 2023
Net transactions value
$0
Form type
4
Filing time
27 Feb 2023, 15:06:27 UTC
Previous filing
02 Dec 2022
Next filing
26 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADC Common Shares Award $0 +2,866 +101% $0.000000 5,704 23 Feb 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Compensation Committee of the Board of Directors. 956, 955 and 955 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on February 23, 2024, February 23, 2025, and February 23, 2026, respectively.