NNN REIT, INC. — Director's Dealing 2014

May 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL RETAIL PROPERTIES, INC. (NNN)
CIK: 0000751364
Period of Report: 2014-04-30

Reporting Person: DEFOSSET DON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-30	Common Stock	A	288	$34.27	Acquired	30515	Direct
2014-04-30	Common Stock	A	656	$34.27	Acquired	31171	Direct

Footnotes

F1: Reflects the deferral under the Company's Deferred Fee Plan and conversion into stock units of compensation otherwise payable for Board and Committee services.

F2: Shares were acquired pursuant to a stock award under the National Retail Properties 2007 Performance Incentive Plan in a transaction 16-b.