Broadstone Net Lease, Inc. — Director's Dealing 2021

Sep 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Broadstone Net Lease, Inc. (BNL)
CIK: 0001424182
Period of Report: 2021-09-23

Reporting Person: Fennell Kevin (SVP - Capital Markets)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-23	Common Stock	A	828	$21.25	Acquired	22221	Direct

Footnotes

F1: Reflects shares of stock issued to the Reporting Person on September 23, 2021 as earnout consideration paid to the owners of our former external manager. The price of shares issued is based upon the contractually agreed price per share in the merger agreement. The Reporting Person's right to receive the additional shares as earnout consideration became fixed and irrevocable on February 7, 2020, the effective date of the internalization of our former external manager under the terms of the merger agreement.

F2: This amount includes 13,227 shares of unvested restricted stock.