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NNN REIT, INC. Director's Dealing 2017

May 26, 2017

30741_dirs_2017-05-26_55bdc681-1a5a-4e7b-b7ef-5f634b457157.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL RETAIL PROPERTIES, INC. (NNN)
CIK: 0000751364
Period of Report: 2017-05-25

Reporting Person: WHITEHURST JULIAN E (President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-25 Common Stock A 10218 $37.83 Acquired 281804 Direct
2017-05-25 Common Stock A 20435 $37.83 Acquired 302239 Direct
2017-05-25 Common Stock A 10000 $37.83 Acquired 312239 Direct

Footnotes

F1: The shares will vest 25% annually beginning in 2018 through 2021. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.

F2: Shares will vest on January 1, 2020 based upon achieving certain total shareholder returns. The Reporting Person has no dividend or voting rights on these shares until the shares have vested.

F3: The shares will vest 60% on April 28, 2020 and 40% on April 28, 2022 (assuming employment contract is renewed). The Reporting Person has voting and dividend rights on all of these shares, including unvested.