<SEC-DOCUMENT>0001104659-21-082108.txt : 20210616
<SEC-HEADER>0001104659-21-082108.hdr.sgml : 20210616
<ACCEPTANCE-DATETIME>20210616181054
ACCESSION NUMBER:		0001104659-21-082108
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210614
FILED AS OF DATE:		20210616
DATE AS OF CHANGE:		20210616

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:		211022655

	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
</SEC-HEADER>
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<SEQUENCE>1
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<DESCRIPTION>OWNERSHIP DOCUMENT
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    <periodOfReport>2021-06-14</periodOfReport>

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    <issuer>
        <issuerCik>0001526113</issuerCik>
        <issuerName>Global Net Lease, Inc.</issuerName>
        <issuerTradingSymbol>GNL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001424471</rptOwnerCik>
            <rptOwnerName>Nelson James Larry</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>650 FIFTH AVE., 30TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CEO and President</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

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                <value>LTIP Units</value>
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                    <value>I</value>
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                <natureOfOwnership>
                    <value>See footnote</value>
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        <derivativeTransaction>
            <securityTitle>
                <value>LTIP Units</value>
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                    <value>See footnote</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>OP Units</value>
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                    <value>A</value>
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                <directOrIndirectOwnership>
                    <value>I</value>
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                    <footnoteId id="F4"/>
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    <footnotes>
        <footnote id="F1">Represents units of limited partnership interest designated as &quot;LTIP Units&quot; (&quot;LTIP Units&quot;) in Global Net Lease Operating Partnership, L.P. (the &quot;OP&quot;), the operating partnership of Global Net Lease, Inc. (the &quot;Company&quot;), issued to the Company's external advisor, Global Net Lease Advisors, LLC (the &quot;Advisor&quot;) under the 2018 Advisor Multi-Year Outperformance Agreement, dated as of July 19, 2018, among the Company, the OP and the Advisor (the &quot;2018 OPP&quot;).</footnote>
        <footnote id="F2">These LTIP Units could be earned by the Advisor based on the Company's achievement of threshold, target and maximum performance goals based on the Company's absolute and relative total stockholder return over a performance period commencing on June 2, 2018 and ending on the earliest of (i) June 2, 2021, (ii) the effective date of any Change of Control (as defined in the 2018 OPP) and (iii) the effective date of any termination of the Advisor's service as advisor of the Company. If and when the Advisor's capital account with respect to an LTIP Unit is equal to the capital account balance of a unit of limited partnership interest in the OP designated as an &quot;OP Unit&quot; (&quot;OP Unit&quot;), the Advisor, in its sole discretion, is entitled to convert the earned LTIP Unit into an OP Unit.</footnote>
        <footnote id="F3">On June 14, 2021, the compensation committee of the board of directors of the Company determined that the extent to which the performance goals had been achieved during the performance period resulted in 2,135,496 of the LTIP Units being earned. LTIP Units that are earned also become vested. Following the compensation committee's determination, the 419,434 LTIP Units that were not earned were automatically forfeited without the payment of any consideration by the Company or the OP. On June 14, 2021, the Advisor exercised its discretion and the earned LTIP Units were converted into OP Units. OP Units 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.</footnote>
        <footnote id="F4">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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ James L. Nelson</signatureName>
        <signatureDate>2021-06-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
