X0306 4 2020-09-21 0 0001424182 Broadstone Net Lease, Inc. BNL 0001803283 Lessard Laurier J Jr 800 CLINTON SQUARE ROCHESTER NY 14604 0 1 0 0 SVP - Asset Management Class A Common Stock 2020-09-21 4 P 0 2500 17.00 A 2500 D Common Stock 40118 D Each share of the Issuer's Class A Common Stock will automatically convert to one share of the Issuer's Common Stock on March 20, 2021, the date that is 180 days after the completion of the initial public offering of the Issuer's Class A Common Stock. Represents shares of the Issuer's Class A Common Stock purchased through a directed share program in connection with the initial public offering of the Issuer's Class A Common Stock, which closed on September 21, 2020. The shares were purchased at the initial public offering price of $17.00 per share. 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. /s/ John D. Moragne, as Attorney-in-Fact 2020-09-21