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Global Net Lease, Inc. — Director's Dealing 2017
Apr 5, 2017
31782_dirs_2017-04-05_cfd14d49-f131-48d9-b4d3-df403e1c84d1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Global Net Lease, Inc. (GNL)
CIK: 0001526113
Period of Report: 2017-04-03
Reporting Person: Bowman Scott J. (CEO & President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-03 | Common Stock | C | 31956 | — | Acquired | 42330 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-03 | OP Units | $ | C | 31956 | Disposed | Common Stock (31956) | Direct |
Footnotes
F1: On April 3, 2017, the reporting person redeemed 31,956 units of limited partnership interest ("OP Units") in Global Net Lease Operating Partnership, L.P. (the "Operating Partnership") in exchange for 31,956 shares of common stock of Global Net Lease, Inc. (the "Company") in accordance with the terms and conditions of the limited partnership agreement of the Operating Partnership.
F2: OP Units are exchangeable for cash or, at the option of the Operating Partnership, shares of the Company's common stock on a one-to-one basis. OP Units are exchangeable, except under certain limited circumstances, beginning one year from the date of issuance, which includes the holding period of any units that were converted into OP Units, and have no expiration date.