NNN REIT, INC. — Director's Dealing 2014

Feb 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL RETAIL PROPERTIES, INC. (NNN)
CIK: 0000751364
Period of Report: 2014-02-12

Reporting Person: WHITEHURST JULIAN E (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-12	Common Stock	A	36373	$33.42	Acquired	312428	Direct
2014-02-12	Common Stock	A	18186	$33.42	Acquired	330614	Direct

Footnotes

F1: Shares will vest on 12/31/16 based upon achieving certain total shareholder returns. The reporting person has no dividend or voting rights on these shares until the shares have vested.

F2: The shares will vest 25% annually beginning in 2015 through 2018. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.