Sec Form 4 Filing - Elman Lee M @ Global Net Lease, Inc. - 2017-12-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Elman Lee M
2. Issuer Name and Ticker or Trading Symbol
Global Net Lease, Inc. [ GNL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
405 PARK AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
12/22/2017
(Street)
NEW YORK, NY10022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/22/2017 M( 1 ) 413 ( 2 ) A 7,181 ( 6 ) D
Common Stock 05/31/2018 M( 1 ) 960 ( 3 ) A 8,141 ( 6 ) D
Common Stock 12/22/2018 M( 1 ) 413 ( 2 ) A 8,554 ( 6 ) D
Common Stock 05/15/2019 M( 1 ) 1,180 ( 4 ) A 9,734 ( 6 ) D
Common Stock 05/31/2019 M( 1 ) 960 ( 3 ) A 10,694 ( 6 ) D
Common Stock 06/14/2019 A 3,441 ( 5 ) A $ 0 14,135 ( 7 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 2 ) 12/22/2017 M( 1 ) 413 ( 2 ) ( 2 ) Common Stock 413 ( 2 ) 7,256 ( 8 ) D
Restricted Stock Units ( 3 ) 05/31/2018 M( 1 ) 960 ( 3 ) ( 3 ) Common Stock 960 ( 3 ) 6,296 ( 8 ) D
Restricted Stock Units ( 2 ) 12/22/2018 M( 1 ) 413 ( 2 ) ( 2 ) Common Stock 413 ( 2 ) 5,883 ( 8 ) D
Restricted Stock Units ( 4 ) 05/15/2019 M( 1 ) 1,180 ( 4 ) ( 4 ) Common Stock 1,180 ( 4 ) 4,703 ( 8 ) D
Restricted Stock Units ( 3 ) 05/31/2019 M( 1 ) 960 ( 3 ) ( 3 ) Common Stock 960 ( 3 ) 3,743 ( 9 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Elman Lee M
405 PARK AVENUE
NEW YORK, NY10022
X
Signatures
/s/ Lee M. Elman 06/14/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the vesting of restricted stock units ("RSUs") issued pursuant to the Amended and Restated Incentive Restricted Share Plan (the "Plan") of Global Net Lease, Inc. (the "Issuer") that was inadvertently not reported at the time the RSUs vested. The reporting person reported the grants of the RSUs subject to such vesting in Table II of Form 4 at the time of each grant. Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting of the RSU.
( 2 )The reporting person received an award of 1,242 RSUs on December 29, 2016 issued pursuant to the Plan that vest ratably over a three-year period beginning on December 22, 2016 in increments of 1/3 per annum.
( 3 )The reporting person received an award of 2,883 RSUs on July 21, 2017 issued pursuant to the Plan that vest ratably over a three-year period beginning on May 31, 2017 in increments of 1/3 per annum.
( 4 )The reporting person received an award of 3,544 RSUs on May 18, 2018 issued pursuant to the Plan that vest ratably over a three-year period beginning on May 15, 2018 in increments of 1/3 per annum.
( 5 )RSUs issued pursuant to the Plan that vest ratably over a three-year period beginning on April 15, 2019 in increments of 1/3 per annum. The reporting person reported previous grants of RSUs in Table II but is reporting this grant in Table I.
( 6 )Represents an incremental tally of shares beneficially owned as of June 14, 2019 after giving effect to each of the transactions reported on this Form 4. The number of shares reported in this column 5 does not necessarily reflect the number of shares beneficially owned by the reporting person on the date of the reported transaction. Information regarding the actual number of securities beneficially owned by the reporting person on these dates without giving effect to the RSU vesting reported on this Form 4 can be found on the reporting person's previous reports on Form 4.
( 7 )Includes 3,743 shares of common stock underlying RSUs that were previously reported in Table II that have not yet vested. Because these shares are already reflected in Table I, the reporting person will not report the subsequent vesting of these shares.
( 8 )Represents an incremental tally of RSUs beneficially owned as of June 14, 2019 after giving effect to each of the transactions reported on this Form 4. The number of RSUs reported in this column 9 does not necessarily reflect the numb er of RSUs beneficially owned by the reporting person on the date of the reported transaction. Information regarding the actual number of securities beneficially owned by the reporting person on these dates without giving effect to the RSU vesting reported on this Form 4 can be found on the reporting person's previous reports on Form 4.
( 9 )Represents shares of common stock underlying RSUs that were previously reported in Table II that have not yet vested. These shares are also included in the total reported in column 5 of Table I of this Form 4. Because these shares are already reflected in Table I, the reporting person will not report the subsequent vesting of these shares.

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