NNN REIT, INC. — Director's Dealing 2021

Feb 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL RETAIL PROPERTIES, INC. (NNN)
CIK: 0000751364
Period of Report: 2021-02-16

Reporting Person: Tessitore Christopher Paul (Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-16	Common Stock	A	6530	$42.30	Acquired	135843	Direct
2021-02-16	Common Stock	A	30475	$42.30	Acquired	166318	Direct
2021-02-16	Common Stock	D	6865	—	Disposed	159453	Direct
2021-02-17	Common Stock	S	30000	$42.20	Disposed	129453	Direct

Footnotes

F1: The shares will vest 25% annually beginning in 2022 through 2025. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.

F2: Shares will vest on January 1, 2024 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: Restricted shares forfeited as a result of certain conditions not begin met.