Page 1

Table of Contents Spirit Realty Capital , Inc. Spirit Realty , L.P. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K tle of each class Common Stock , $ 0.05 par value per share 6.000 % Series A Cumulative Redeemable Preferred Stock , $ 0.01 par value per share Large accelerated filer Emerging growth company ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 . For the fiscal year ended December 31 , 2020 Commission File Number Spirit Realty Capital , Inc. Spirit Realty , L.P. 001-36004 333-216815-01 SPIRIT REALTY CAPITAL , INC . SPIRIT REALTY , L.P. ( Exact name of registrant as specified in its charter ) ( State or other jurisdiction of incorporation or organization ) 2727 North Harwood Street , Suite 300 , Dallas , Texas 75201 ( Address of principal executive offices ; zip code ) Securities registered pursuant to Section 12 ( b ) of the Act : Tra bol ( s ) Maryland Delaware Securities registered pursuant to Section 12 ( g ) of the Act : Spirit Realty Capital , Inc. Spirit Realty , L.P. Accelerated filer SRC SRC - A Accelerated filer None None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Spirit Realty Capital , Inc. Yes No Spirit Realty , L.P. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Spirit Realty Capital , Inc. Yes No Spirit Realty , L.P. Yes > No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Spirit Realty Capital , Inc. Yes > No Spirit Realty , L.P. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Spirit Realty Capital , Inc. Yes Spirit Realty , L.P. Yes Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . > No > No Spirit Realty Capital , Inc. Non - accelerated filer 20-1676382 20-1127940 ( I.R.S. Employer Identification Number ) ( 972 ) 476-1900 ( Registrant's telephone number , including area code ) Non - accelerated filer Name of exchange on which New York Stock Exchange New York Stock Exchange 0 Smaller reporting company Spirit Realty , L.P. Large accelerated filer Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Spirit Realty Capital , Inc. Spirit Realty , L.P. Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Spirit Realty , L.P. Yes Spirit Realty Capital , Inc. Yes > No No Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Spirit Realty , L.P. Yes No Spirit Realty Capital , Inc. Yes No As of June 30 , 2020 ( the last business day of the registrant's most recently completed second fiscal quarter ) , the aggregate market value of Spirit Realty Capital , Inc.'s shares of common stock , $ 0.05 par value , held by non - affiliates of the Registrant , was $ 3.6 billion based on the last reported sale price of $ 34.86 per share on the New York Stock Exchange on June 30 , 2020 . tered Smaller reporting company 0 There is no public trading market for the common units of limited partnership interest of Spirit Realty , L.P. As a result , the aggregate market value of the common units of limited partnership interest held by non - affiliates of Spirit Realty , L.P. cannot be determined . The number of outstanding shares of Spirit Realty Capital , Inc.'s common stock , $ 0.05 par value , as of February 16 , 2021 , was 114,861,919 shares . Documents Incorporated by Reference Certain specific portions of the definitive Proxy Statement for Spirit Realty Capital , Inc.'s 2021 Annual Meeting of Stockholders to be filed pursuant to Regulation 14A are incorporated by reference into Part III , Items 10 , 11 , 12 , 13 and 14 of this Annual Report on Form 10 - K . Only those portions of the Proxy Statement which are specifically incorporated by reference herein shall constitute a part of this Annual Report on Form 10 - K .