X0306 4 2017-06-30 0 0001424182 Broadstone Net Lease Inc NA 0001670437 Rosenberger Geoffrey 800 CLINTON SQUARE ROCHESTER NY 14604 1 0 0 0 Common Stock 2017-06-30 4 A 0 246.875 0.00 A 19371.595 D On June 30, 2017, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 246.875 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 independent directors are entitled to receive an annual retainer (payable quarterly) and fees for the attendance of meetings of the Issuer's board of directors and committees of the Issuer's board of directors, and the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer, fees and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer, fees and stipends. /s/ John D. Moragne, as Attorney-in-Fact 2017-07-05