SELLING STOCKHOLDERS
All of the 1,738,767 shares of common stock offered by the selling stockholders under this prospectus supplement and the accompanying prospectus represent shares of common stock that may be issued by us upon the redemption of up to 1,738,767 Common Units held by the selling stockholders. For every one Common Unit redeemed, the applicable selling stockholder would receive one share of common stock based on the current conversion ratio.
On March 30, 2018, a total of 242,007 Common Units in Realty Income, L.P. were issued to the selling stockholders, each in a private transaction exempt from the Securities Act, in the following amounts: 116,131 Common Units to Richard H. Ader, 35,766 Common Units to David M. Ledy, 35,766 Common Units to David Silvers, 15,502 Common Units to Jack Genende, 15,541 Common Units to Laurie Hawkes, 20,222 Common Units to Laurie Hawkes, as successor in interest to HGP Equity Interests LLC, and 3,079 Common Units to Warren Schwartz. On April 30, 2018, a total of an additional 131,790 Common Units were issued and distributed to the selling stockholders, each in a private transaction exempt from the Securities Act, in the following amounts: 64,260 Common Units to Richard H. Ader, 19,790 units to David M. Ledy, 19,790 Common Units to David Silvers, 6,491 Common Units to Jack Genende, 8,600 Common Units to Laurie Hawkes, 11,190 Common Units to Laurie Hawkes, as successor in interest to HGP Equity Interests LLC, and 1,669 Common Units to Warren Schwartz. On March 28, 2019, a total of an additional 89,322 Common Units in Realty Income, L.P. were issued and distributed to HD Plymouth MN, LLC in a private transaction exempt from the Securities Act. On November 30, 2021, a total of an additional 300,604 Common Units were issued and distributed to the selling stockholders, each in a private transaction exempt from the Securities Act, in the following amounts: 144,250 Common Units to Richard H. Ader, 44,425 units to David M. Ledy, 44,425 Common Units to David Silvers, 19,255 Common Units to Jack Genende, 44,425 Common Units to Laurie Hawkes, and 3,824 Common Units to Warren Schwartz. On December 30, 2021, a total of an additional 240,586 Common Units were issued and distributed to the selling stockholders, each in a private transaction exempt from the Securities Act, in the following amounts: 189,451 Common Units to Becknell Industrial LLC, 12,637 Common Units to Becknell Purchasing Trust, 5,868 Common Units to Nelson Hartrich Descendants Trust, 5,868 Common Units to Nelson Hartrich Revocable Trust as successor in interest to Nelson F. Hartrich, 7,743 Common Units to Dan and Marianne Harrington Descendants Trust, 7,743 Common Units to Daniel G. Harrington, 2,819 Common Units to Thomas E. Harrington Jr. GST Exempt Trust, 2,819 Common Units to Daniel G. Harrington GST Exempt Trust, 2,819 Common Units to Timothy P. Harrington GST Exempt Trust, and 2,819 Common Units to Stephen J. Harrison GST Exempt Trust. On September 8, 2022, a total of an additional 734,458 Common Units were issued and distributed to the selling stockholders, each in a private transaction exempt from the Securities Act, in the following amounts: 70,082 Common Units to Russell M. Darrow, Jr. and 664,376 Common Units to MWD Re Holdings, LLC.
The following table assumes that the selling stockholders submit all of their respective Common Units for redemption and that we elect to redeem all of those Common Units for shares of our common stock instead of for cash. The table provides the name of the applicable selling stockholder, the number of shares of common stock the applicable selling stockholder owns prior to the offering and the maximum number of shares of our common stock to be offered by the applicable selling stockholder.
We believe that the entities named in the table have sole voting and investment power with respect to all shares beneficially owned by the applicable selling stockholder. Because the applicable selling stockholder may offer, pursuant to this prospectus supplement and the accompanying prospectus, all or some portion of the common stock listed below, no estimate can be given as to the actual amount of common stock that will be held by the applicable selling stockholder upon consummation of any sales. In addition, the applicable selling stockholder listed in the table may have sold, transferred or otherwise disposed of, in transactions exempt from the registration requirements of the Securities Act, some or all of its common stock since the date as of which such information was provided to us. Information about the selling stockholders may change over time. Any changed information given to us by the selling stockholders will be set forth in prospectus supplements if and when necessary.
Each of the selling stockholders named below and its permitted transferees, pledgees, donees or other successors may from time to time offer the shares of common stock offered by this prospectus supplement and the accompanying prospectus: