Global Net Lease Inc.

06/26/2024 | Press release | Distributed by Public on 06/26/2024 16:56

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
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 OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
SCHORSCH NICHOLAS S
2. Issuer Name and Ticker or Trading Symbol
Global Net Lease, Inc. [GNL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O BELLEVUE CAPITAL PARTNERS, LLC , 222 BELLEVUE AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
NEWPORT RI 02840
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCHORSCH NICHOLAS S
C/O BELLEVUE CAPITAL PARTNERS, LLC
222 BELLEVUE AVENUE
NEWPORT, RI02840

X
Bellevue Capital Partners, LLC
222 BELLEVUE AVENUE

NEWPORT, RI02840

X

Signatures

/s/ See signatures attached as Exhibit 99.1 2024-06-26
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares were sold for tax planning purposes. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.17 to $7.25, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
(2) Held directly by Bellevue Capital Partners, LLC.
(3) Mr. Nicholas S. Schorsch is the sole managing member of Bellevue Capital Partners, LLC ("BCP"), who is the sole member of each of MWM I, LLC, MWM PIC, LLC, AR Global Investments, LLC and AR Capital, LLC. AR Global Investments, LLC is the sole member of American Realty Capital Global II Special LP, LLC.
(4) These shares were sold for tax planning purposes. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.06 to $7.12, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
(5) These shares were sold for tax planning purposes. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.02 to $7.08, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
(6) Held directly by MWM I, LLC.
(7) Held directly by MWM PIC, LLC.
(8) Held directly by AR Capital LLC.
(9) Held by American Realty Capital Global II Special LP LLC.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.