Frank Waterhouse - Jul 21, 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
Stock symbol
HFRO
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
4
Date filed
7/29/2021, 05:44 PM
Previous filing
Jun 17, 2021
Next filing
Jul 1, 2022

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 +39.8K +317.49% $0.00 52.3K Jul 21, 2021 Common Stock 39.8K 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