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

Jun 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Global Net Lease, Inc. (GNL)
CIK: 0001526113
Period of Report: 2021-06-18

Reporting Person: Weil Edward M Jr. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-18	Common Stock	C	2135496	—	Acquired	2135496	Indirect
2021-06-18	Common Stock	J	2135496	—	Disposed	0	Indirect
2021-06-18	Common Stock	J	67653	—	Acquired	89671	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-18	OP Units	$0	C	2135496	Disposed		Common Stock (2135496)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19419	Indirect
Common Stock	16481	Indirect

Footnotes

F1: Units of limited partnership interest designated as "OP Units" ("OP Units") in Global Net Lease Operating Partnership, L.P. (the "OP"), the operating partnership of Global Net Lease, Inc. (the "Company"), may be redeemed on a one-for-one basis for, at the Company's election, a share of the Company's common stock or the cash equivalent thereof for each OP Unit. On June 17, 2021, Global Net Lease Advisors, LLC (the "Advisor"), the external advisor to the Company, exercised its right to redeem its 2,135,496 OP Units. On the same day, the Company's board of directors elected to satisfy the OP's redemption obligation by issuing shares of the Company's common stock to the Advisor. The shares were issued to the Advisor on June 18, 2021.

F2: Also on June 18, 2021, the Advisor distributed these shares to the direct or indirect interest holders of the Advisor, including the ultimate equity owner of the Advisor, and the ultimate equity owner of the Advisor, in turn, distributed 67,653 of these shares to the reporting person, representing the reporting person's proportionate interest with respect to his non-controlling equity interest in the ultimate equity owner of the Advisor. For purposes of the distribution the shares were valued at $19.00 per share.

F3: The reporting person holds a non-controlling interest in AR Capital, LLC ("AR Capital") and in the entities that own and control the Advisor, which include AR Global Investments, LLC ("AR Global"), and he is also the chief executive officer of AR Global. The reporting person disclaims beneficial ownership of the securities held by AR Capital, AR Global and the Advisor except to the extent of his pecuniary interest therein.

F4: Held directly by the Advisor.

F5: Held directly by AR Global

F6: Held directly by AR Capital.