Frank George Waterhouse - 21 Jul 2021 Form 4 Insider Report for HIGHLAND INCOME FUND\MA (HFRO)

Role
Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer and Treasurer
Signature
/s/ Frank Waterhouse
Issuer symbol
HFRO
Transactions as of
21 Jul 2021
Net transactions value
$0
Form type
4
Filing time
29 Jul 2021, 17:44:53 UTC
Previous filing
17 Jun 2021
Next filing
01 Jul 2022
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 +39,759 +317% $0.000000 52,281 21 Jul 2021 Common Stock 39,759 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 Skyview Group, Inc. ("Skyview") to the Reporting Person for service as an employee of Skyview. 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 Skyview is terminated.

Remarks:

Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer and Treasurer