UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 16, 2022, the Board of Directors (the “Board”) of National Retail Properties, Inc. (the “Company”), pursuant to the recommendation of the Governance and Nominating Committee, increased the size of the Board from nine (9) to ten (10) directors and appointed Stephen A. (“Steve”) Horn, Jr. to the Board of the Company, effective February 17, 2022. Mr. Horn’s appointment to the Board was made in connection with his previously announced transition to Chief Executive Officer and President of the Company which will be effective April 29, 2022.
Mr. Horn has served as Executive Vice President and Chief Operating Officer since August 2020 and as Executive Vice President and Chief Acquisition Officer of the Company since January 2014. He previously served as Senior Vice President of Acquisitions for the Company from June 2008 to December 2013, and as Vice President of Acquisitions of the Company from 2003 to 2008. Prior to 2003, Mr. Horn worked in the mergers and acquisitions group at A.G. Edwards & Sons in St. Louis, Missouri.
As an employee of the Company, Mr. Horn will not receive any compensation for his service as a member of the Board.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NATIONAL RETAIL PROPERTIES, INC. | ||
| By: | /s/ Kevin B. Habicht | |
| Name: | Kevin B. Habicht | |
| Title: | Executive Vice President and Chief Financial Officer | |
Dated: February 17, 2022
Document and Entity Information |
Feb. 17, 2022 |
|---|---|
| Cover [Abstract] | |
| Amendment Flag | false |
| Entity Central Index Key | 0000751364 |
| Document Type | 8-K |
| Document Period End Date | Feb. 17, 2022 |
| Entity Registrant Name | NATIONAL RETAIL PROPERTIES, INC. |
| Entity Incorporation State Country Code | MD |
| Entity File Number | 001-11290 |
| Entity Tax Identification Number | 56-1431377 |
| Entity Address, Address Line One | 450 South Orange |
| Entity Address, Address Line Two | Avenue |
| Entity Address, Address Line Three | Suite 900 |
| Entity Address, City or Town | Orlando |
| Entity Address, State or Province | FL |
| Entity Address, Postal Zip Code | 32801 |
| City Area Code | (407) |
| Local Phone Number | 265-7348 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, $0.01 par value |
| Trading Symbol | NNN |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |