Matthew Goetz - 24 Jun 2021 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
Senior VP-Investments and Asset Management
Signature
/s/ Brian Mitts, as attorney-in-fact for Matt Goetz
Issuer symbol
NREF
Transactions as of
24 Jun 2021
Net transactions value
-$73,467
Form type
4
Filing time
28 Jun 2021, 18:01:08 UTC
Previous filing
13 May 2021
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NREF Common Stock Options Exercise +11,922 +33% 48,474 24 Jun 2021 Direct F1
transaction NREF Common Stock Tax liability $73,467 -3,544 -7.3% $20.73 44,930 24 Jun 2021 Direct
holding NREF Common Stock 65,700 24 Jun 2021 See Footnote F2

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 NREF Restricted Stock Units Options Exercise $0 -11,922 -25% $0.000000 35,765 24 Jun 2021 Common Stock 11,922 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc.
F2 These shares are held by NexPoint Real Estate Strategies Fund ("NRESF"). These shares were previously reported in error, as Mr. Goetz does not have voting or investment control over shares held by NRESF. Consequently, Mr. Goetz will no longer report beneficial ownership of shares held by NRESF on a going forward basis.
F3 On June 24, 2020, the reporting person was granted 47,687 restricted stock units. The restricted stock units vested one-fourth on June 24, 2021, and will vest one-fourth on May 8, 2022, one-fourth on May 8, 2023 and one-fourth on May 8, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Senior VP-Investments and Asset Management