Peter M. Mavoides - 18 Jan 2022 Form 4 Insider Report for ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT)

Role: President and CEO, Director
Signature: /s/ Timothy J. Earnshaw, attorney-in-fact
Issuer symbol: EPRT
Transactions as of: 18 Jan 2022
Transactions value $: -$1,388,225
Form type: 4
Filing time: 20 Jan 2022, 15:30:27
Previous filing: 11 Jan 2022
Next filing: 07 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPRT	Common Stock	Award	$0	+192K	+79.54%	$0.00	434K	18 Jan 2022	Direct	F1
transaction	EPRT	Common Stock	Tax liability	-$1.39M	-50.3K	-11.59%	$27.60	384K	18 Jan 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares acquired upon the achievement of the performance criteria underlying the award of performance-based restricted stock units granted to the reporting person in 2019, of which 50% were immediately vested upon certification of the achievement of the performance criteria and the remaining 50% will vest on December 31, 2022, subject to the reporting person's continued service through such date.

Content

Represents shares acquired upon the achievement of the performance criteria underlying the award of performance-based restricted stock units granted to the reporting person in 2019, of which 50% were immediately vested upon certification of the achievement of the performance criteria and the remaining 50% will vest on December 31, 2022, subject to the reporting person's continued service through such date.

Remarks:

Exhibit 24.1 - Power of Attorney (incorporated by reference to the Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the reporting person on November 4, 2021.)