Watters James H

SEC source: 0001709565-26-000005 · wk-form4_1790971877.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 128,362

F1 · shares: Represents shares issued to the reporting person, at the election of the reporting person, in lieu of a quarterly cash retainer payment, pursuant to the Non-Employee Director Compensation Policy of the Company for the director services rendered during the quarter ending September 30, 2026.

F2 · balance_after: This amount includes 4,987 shares of unvested restricted stock.

SEC source: 0001709565-26-000002 · wk-form4_1777666407.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 127,349

F1 · shares: On May 1, 2026, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person an equity award consisting of 4,987 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan. Such shares of restricted stock will vest in full on the earlier of (i) May 1, 2027; and (ii) the date of the Issuer's next annual meeting of stockholders, provided that the next annual meeting of stockholders is at least 50 weeks after the date of the Issuer's 2027 annual meeting of stockholders.

F2 · balance_after: This amount includes 4,987 shares of unvested restricted stock.

SEC source: 0000950170-25-064459 · ownership.xml · nonDerivative · entry 2

Watters James H · CIK 0001709565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 122,362

F1 · balance_after: This amount includes 6,263 shares of unvested restricted stock.

SEC source: 0000950170-25-064459 · ownership.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 120,362

F1 · balance_after: This amount includes 6,263 shares of unvested restricted stock.

SEC source: 0000950170-25-062776 · ownership.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 118,362

F1 · shares: On May 2, 2025, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person an equity award consisting of 6,263 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan. Such shares of restricted stock will vest in full on the earlier of (i) May 2, 2026; and (ii) the date of the Issuer's next annual meeting of stockholders, provided that the next annual meeting of stockholders is at least 50 weeks after the date of the Issuer's 2025 annual meeting of stockholders.

F2 · balance_after: This amount includes 6,263 shares of unvested restricted stock.

SEC source: 0000950170-24-053076 · ownership.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,099

F1 · shares: On May 3, 2024, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person an equity award consisting of 6,883 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan. Such shares of restricted stock will vest in full on the earlier of (i) May 3, 2025; and (ii) the date of the Issuer's next annual meeting of stockholders, provided that the next annual meeting of stockholders is at least 50 weeks after the date of the Issuer's 2024 annual meeting of stockholders.

F2 · balance_after: This amount includes 6,883 shares of unvested restricted stock.

SEC source: 0001209191-23-027991 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 105,216

F1 · shares: On May 5, 2023, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person an equity award consisting of 6,254 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan. Such shares of restricted stock will vest in full on the earlier of (i) May 5, 2024; and (ii) the date of the Issuer's next annual meeting of stockholders, provided that the next annual meeting of stockholders is at least 50 weeks after the date of the Issuer's 2023 annual meeting of stockholders.

F2 · balance_after: This amount includes 6,254 shares of unvested restricted stock.

SEC source: 0001209191-22-041226 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,962

F1 · shares: On July 1, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 533 shares of common stock pursuant to the Issuer's director compensation and stock ownership policy (the "Policy"). Pursuant to the Policy, the Issuer's directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend. The shares have been granted with respect to the pro-rated period of board service between April 1, 2022 and the Issuer's annual meeting of stockholders on May 5, 2022.

F2 · balance_after: This amount includes 4,629 shares of unvested restricted stock.

SEC source: 0001209191-22-031061 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 98,429

F1 · shares: On May 18, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person an equity award consisting of 4,629 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan. Such shares of restricted stock will vest in full on the earlier of (i) May 5, 2023; and (ii) the date of the Issuer's next annual meeting of stockholders, provided that the next annual meeting of stockholders is at least 50 weeks after the date of the Issuer's 2022 annual meeting of stockholders.

F2 · balance_after: This amount includes 4,629 shares of unvested restricted stock.

SEC source: 0001209191-22-023118 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,800

F1 · shares: On April 1, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,305 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

SEC source: 0001209191-22-001775 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 92,495

F1 · shares: On January 3, 2022, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,145 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

SEC source: 0001209191-21-058499 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,350

F1 · shares: On October 1, 2021, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,146 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

SEC source: 0001209191-21-045050 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,204

F1 · shares: On July 1, 2021, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,214 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

SEC source: 0001209191-21-025200 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,990

F1 · shares: On April 1, 2021, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,553 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

SEC source: 0001209191-21-001160 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 87,437

F1 · shares: On January 4, 2021, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,452 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

SEC source: 0001209191-20-052874 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,985

F1 · shares: On October 1, 2020, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 1,694 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

F2 · balance_after: On September 18, 2020, the Issuer effected a four-for-one stock split of its Common Stock and pursuant to which no fractional shares of Common Stock were issued (the "Recapitalization"). The amount of securities reported on this Form 4 has been adjusted to reflect the Recapitalization.

SEC source: 0001209191-20-043826 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,072.923

F1 · shares: On June 30, 2020, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 346.799 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

SEC source: 0001209191-20-022396 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,726.124

F1 · shares: On March 31, 2020, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 334.559 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 directors are entitled to receive an annual retainer (payable quarterly). In addition, the chairperson of the board, the lead independent director, and the chairperson and members of each of the Issuer's audit, compensation, nominating and corporate governance, and real estate investment committees are entitled to receive an annual stipend (payable quarterly). Pursuant to the Policy, directors may elect to receive all or a portion of the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipend.

F2 · balance_after: Includes 105.599 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-20-000553 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,285.966

F1 · shares: On December 31, 2019, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 294.118 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 311.934 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-19-051183 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,679.914

F1 · shares: On September 30, 2019, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 294.118 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 300.136 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-19-039693 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,085.66

F1 · shares: On June 28, 2019, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 290.698 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 291.419 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-19-022186 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,503.543

F1 · shares: On March 29, 2019, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 411.760 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 275.830 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-19-000869 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,815.953

F1 · shares: On December 31, 2018, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 290.698 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 266.081 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-18-052800 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,259.174

F1 · shares: On September 28, 2018, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 294.118 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 262.584 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-18-040163 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,702.472

F1 · shares: On June 29, 2018, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 301.205 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 258.919 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-18-022336 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,142.348

F1 · shares: On March 29, 2018, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 493.827 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). In addition, the chairperson of each of the Issuer's independent directors committee, audit committee, and nominating and corporate governance committee and each non-chairperson member of the Issuer's audit committee are entitled to receive an annual stipend. Pursuant to the Policy, the Issuer's independent directors may elect to receive the annual retainer and stipends in the form of shares of the Issuer's common stock with a value equal to the amount of such retainer and stipends.

F2 · balance_after: Includes 244.58 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-18-000575 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,403.941

F1 · shares: On December 29, 2017, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 231.481 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 at 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.

F2 · balance_after: Includes 236.338 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0001209191-17-054530 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,936.122

F1 · shares: On September 29, 2017, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person 209.375 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 at 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.

F2 · balance_after: Includes 230.108 shares acquired through participation in the Broadstone Net Lease, Inc. Distribution Reinvestment Plan since the reporting person's last report reflecting ownership of Broadstone Net Lease, Inc. common stock. The regular reinvestment of distributions is exempt from reporting pursuant to Rule 16a-11.

SEC source: 0000899243-17-017781 · doc4.xml · nonDerivative · entry 1

Watters James H · CIK 0001709565 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,496.635

F1 · shares: 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.