0001209191-20-052864.txt : 20201002
0001209191-20-052864.hdr.sgml : 20201002
20201002104021
ACCESSION NUMBER: 0001209191-20-052864
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201001
FILED AS OF DATE: 20201002
DATE AS OF CHANGE: 20201002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TAIT AMY L
CENTRAL INDEX KEY: 0001142301
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39529
FILM NUMBER: 201218470
MAIL ADDRESS:
STREET 1: C/O HOME PROPERTIES
STREET 2: 850 CLINTON SQUARE
CITY: ROCHESTER
STATE: NY
ZIP: 14604
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Broadstone Net Lease, Inc.
CENTRAL INDEX KEY: 0001424182
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 800 CLINTON SQUARE
CITY: Rochester
STATE: NY
ZIP: 14604
BUSINESS PHONE: 585-287-6500
MAIL ADDRESS:
STREET 1: 800 CLINTON SQUARE
CITY: Rochester
STATE: NY
ZIP: 14604
FORMER COMPANY:
FORMER CONFORMED NAME: Broadstone Net Lease Inc
DATE OF NAME CHANGE: 20080116
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-10-01
0
0001424182
Broadstone Net Lease, Inc.
BNL
0001142301
TAIT AMY L
800 CLINTON SQUARE
ROCHESTER
NY
14604
1
0
0
0
Common Stock
2020-10-01
4
A
0
1994
0.00
A
604097
D
Common Stock
249412
I
By Trust
Common Stock
249412
I
By Trust
Common Stock
55815
I
By Spouse
Common Stock
127700
I
By Limited Liability Company
Common Stock
227974
I
By Family Limited Liability Company
OP Units
Common Stock
1157307
1157307
D
OP Units
Common Stock
1997694
1997694
I
By Limited Liability Company
OP Units
Common Stock
36805
36805
I
By Trust
OP Units
Common Stock
36805
36805
I
By Trust
On October 1, 2020, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,994 shares of the Issuer's common stock pursuant to the Issuer's director compensation and stock ownership policy (the "Policy"). Pursuant to the Policy, the Issuer's directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.
These securities are owned directly by the reporting person.
On September 18, 2020, the Issuer effected a four-for-one stock split of its Common Stock and pursuant to which no fractional shares of Common Stock were issued (the "Recapitalization"). The amount of securities reported on this Form 4 has been adjusted to reflect the Recapitalization.
Securities held by irrevocable trust for benefit of reporting person's child.
The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any purpose.
Securities held by a limited liability company with respect to which the reporting person and her spouse have shared voting and investment power.
Securities held by a family limited liability company with respect to which the reporting person has shared voting and investment power.
Represents membership units of Broadstone Net Lease, LLC (the "OP"), a subsidiary and the operating company of the Issuer ("OP Units"). OP Units are redeemable by the reporting person and, at the Issuer's discretion, can be settled in cash or shares of Common Stock of the Issuer on a one-for-one basis.
These OP Units are fully vested.
On September 18, 2020, the OP effected a four-for-one split of its OP Units pursuant to which no fractional OP Units were issued (the "Recapitalization"). The amount of OP Units reported on this Form 4 has been adjusted to reflect the Recapitalization.
/s/ John D. Moragne, as Attorney-in-fact
2020-10-02