Robert Jason Post - 15 Jun 2021 Form 4 Insider Report for HIGHLAND INCOME FUND\MA (HFRO)

Role: Chief Compliance Officer
Signature: /s/ Robert Jason Post
Issuer symbol: HFRO
Transactions as of: 15 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 17 Jun 2021, 20:42:41 UTC
Previous filing: 10 Jun 2021
Next filing: 16 Nov 2021
SEC: View on sec.gov

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	HFRO	Contingent Bonus Award	Other	$0	+1,548		$0.000000	1,548	15 Jun 2021	Common Stock	1,548		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 May 31, 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 May 31, 2024. These awards will terminate if the Reporting Person's employment with NexPoint is terminated.