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

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Broadstone Net Lease, Inc. (BNL)
CIK: 0001424182
Period of Report: 2021-01-04

Reporting Person: Hawkes Laurie A. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Stock	A	2138	$0.00	Acquired	39500	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	55600	Direct

Footnotes

F1: On January 4, 2021, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 2,138 shares of the Issuer's common stock pursuant to the Issuer's director compensation and stock ownership policy (the "Policy"). Pursuant to the Policy, the Issuer's directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

F2: Shares of common stock owned by a trust of which the reporting person is the trustee and with respect to which the reporting person has sole voting and investment power.

F3: Each share of the Issuer's Class A Common Stock will automatically convert to one share of the Issuer's Common Stock on March 20, 2021, the date that is 180 days after the completion of the initial public offering of the Issuer's Class A Common Stock.