Frank Waterhouse - Jun 9, 2021 Form 4 Insider Report for NexPoint Strategic Opportunities Fund (NXDT)

Role: Treasurer
Signature: /s/ Dustin Norris, attorney-in-fact
Stock symbol: NXDT
Transactions as of: Jun 9, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/10/2021, 04:45 PM
Next filing: Jun 17, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NXDT	Contingent Bonus Award	Other	$0	+9.96K		$0.00	9.96K	Jun 9, 2021	Common Stock	9.96K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Contingent Bonus Award is granted by NexPoint Advisors, L.P. ("NexPoint") to the Reporting Person for service as an employee of NexPoint. Each share of the Contingent Bonus Award is the economic equivalent of one share of Issuer common stock. The shares become payable, in cash or common stock, on June 9, 2024. These awards will terminate if the Reporting Person's employment with NexPoint is terminated.

Content

The Contingent Bonus Award is granted by NexPoint Advisors, L.P. ("NexPoint") to the Reporting Person for service as an employee of NexPoint. Each share of the Contingent Bonus Award is the economic equivalent of one share of Issuer common stock. The shares become payable, in cash or common stock, on June 9, 2024. These awards will terminate if the Reporting Person's employment with NexPoint is terminated.