X0306 4 2014-02-07 1 0001425923 Cole Real Estate Investments, Inc. COLE 0001517073 Misselbrook Simon 2325 E CAMELBACK RD, SUITE 1100 PHOENIX AZ 85016 0 1 0 0 See Remarks Common Stock 2014-02-07 4 D 0 2657 D 0 I By spouse. Common Stock 2014-02-07 4 D 0 36224 D 0 D Includes 35,781 shares of common stock subject to a restricted share unit ("RSU") award granted to the reporting person on July 29, 2013. The RSUs vested on February 7, 2014. Disposed of pursuant to the merger agreement between issuer and American Realty Capital Properties, Inc. ("ARCP") in exchange for 2,903 shares of ARCP common stock having the market value of $13.99 per share on the effective date of the merger. Disposed of pursuant to the merger agreement between issuer and ARCP in exchange for 39,589 shares of ARCP common stock (before applicable tax withholding) having the market value of $13.99 per share on the effective date of the merger. Senior VP of Accounting and Principal Accounting Officer /s/ Simon J. Misselbrook 2014-02-11