0001104659-21-084295.txt : 20210622
0001104659-21-084295.hdr.sgml : 20210622
20210622200045
ACCESSION NUMBER: 0001104659-21-084295
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210618
FILED AS OF DATE: 20210622
DATE AS OF CHANGE: 20210622
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nelson James Larry
CENTRAL INDEX KEY: 0001424471
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37390
FILM NUMBER: 211036884
MAIL ADDRESS:
STREET 1: 2747 PARADISE ROAD
STREET 2: PH2804
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Global Net Lease, Inc.
CENTRAL INDEX KEY: 0001526113
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 452771978
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 650 FIFTH AVE
STREET 2: 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-415-6500
MAIL ADDRESS:
STREET 1: 650 FIFTH AVE
STREET 2: 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
FORMER COMPANY:
FORMER CONFORMED NAME: American Realty Capital Global Trust, Inc.
DATE OF NAME CHANGE: 20120810
FORMER COMPANY:
FORMER CONFORMED NAME: American Realty Capital Global Daily Net Asset Value Trust, Inc.
DATE OF NAME CHANGE: 20111014
FORMER COMPANY:
FORMER CONFORMED NAME: American Realty Capital Global Trust, Inc.
DATE OF NAME CHANGE: 20110719
4
1
tm2120418-2_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-06-18
0
0001526113
Global Net Lease, Inc.
GNL
0001424471
Nelson James Larry
650 FIFTH AVE., 30TH FLOOR
NEW YORK
NY
10019
1
1
0
0
CEO and President
Common Stock
2021-06-18
4
C
0
2135496
A
2135496
I
See footnote
Common Stock
2021-06-21
4
S
0
106774
18.47
D
28300
D
OP Units
0
2021-06-18
4
C
0
2135496
D
Common Stock
2135496
0
I
See footnote
Units of limited partnership interest designated as "OP Units" ("OP Units") in Global Net Lease Operating Partnership, L.P. (the "OP"), the operating partnership of Global Net Lease, Inc. (the "Company"), may be redeemed on a one-for-one basis for, at the Company's election, a share of the Company's common stock or the cash equivalent thereof for each OP Unit. On June 17, 2021, Global Net Lease Advisors, LLC (the "Advisor"), the external advisor to the Company, exercised its right to redeem its 2,135,496 OP Units.
On the same day, the Company's board of directors elected to satisfy the OP's redemption obligation by issuing shares of the Company's common stock to the Advisor. The shares were issued to the Advisor on June 18, 2021. Also on June 18, 2021, the Advisor distributed these shares to the direct or indirect interest holders of the Advisor, including the reporting person. Accordingly, the amount of securities beneficially owned directly by the reporting person following the reported transaction gives effect to 106,774 shares received in this distribution, representing the reporting person's proportionate interest with respect to his non-controlling profits interest in the Advisor.
Held directly by the Advisor. The reporting person is the chief executive officer and president of, and also holds a non-controlling profits interest in, the Advisor. The reporting person disclaims beneficial ownership of the securities beneficially owned by the Advisor except to the extent of his pecuniary interest therein.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.475 to $18.4632, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. These sales were completed for the reporting person's tax and estate planning purposes.
/s/ James L. Nelson
2021-06-22