| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | N/A | Common Stock | 13K | Jun 29, 2021 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | N/A | OP Units | Jun 29, 2021 | Common Stock | 2.77M | By NexPoint Advisors, L.P. | F1, F2, F3 | |||||||
| holding | N/A | OP Units | Jun 29, 2021 | Common Stock | 132K | By Highland Capital Management Fund Advisors, L.P. | F1, F2, F4 | |||||||
| holding | N/A | Restricted Stock Units | Jun 29, 2021 | Common Stock | 17K | Direct | F5, F8 | |||||||
| holding | N/A | Restricted Stock Units | Jun 29, 2021 | Common Stock | 50.7K | Direct | F6, F8 | |||||||
| holding | N/A | Restricted Stock Units | Jun 29, 2021 | Common Stock | 62.6K | Direct | F7, F8 |
| Id | Content |
|---|---|
| F1 | Represents common units of limited partnership interest (the "OP Units") in VineBrook Homes Operating Partnership, L.P., the operating partnership (the "OP") of VineBrook Homes Trust, Inc. (the "Issuer"). |
| F2 | The OP Units are redeemable, beginning one year from issuance, for cash equal to the then-current market value of one share of the Issuer's common stock or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance. The OP Units have no expiration date. |
| F3 | These shares are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of shares held by NP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F4 | These shares are held by Highland Capital Management Fund Advisors, L.P. ("HCMFA") indirectly through advised accounts. Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., HCMFA's general partner, and may be deemed to be an indirect beneficial owner of shares held by HCMFA. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F5 | On December 10, 2019, the reporting person was granted 22,663 restricted stock units. The restricted stock units vested one-fourth on December 10, 2020, and will vest one-fourth on December 10, 2021, one-fourth on December 10, 2022, and one-fourth on December 10, 2023. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |
| F6 | On May 11, 2020, the reporting person was granted 57,914 restricted stock units. The restricted stock units vested one-eighth on May 11, 2021, and will vest one-eighth on May 11, 2022, one-eighth on May 11, 2023, and one-eighth on May 11, 2024; the remaining half of the restricted stock units will vest upon the initial public offering of the Issuer. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |
| F7 | On February 15, 2021, the reporting person was granted 62,609 restricted stock units. The restricted stock units will vest one-eighth on February 15, 2022, one-eighth on February 15, 2023, one-eighth on February 15, 2024, and one-eighth on February 15, 2025; the remaining half of the restricted stock units will vest upon the initial public offering of the Issuer. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |
| F8 | Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. |
Exhibit List: Exhibit 24 - Power of Attorney