Robert Jason Post - Nov 12, 2021 Form 4 Insider Report for NexPoint Strategic Opportunities Fund (NXDT)

Role: Chief Compliance Officer
Signature: /s/ Robert Jason Post
Stock symbol: NXDT
Transactions as of: Nov 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/16/2021, 07:55 PM
Previous filing: Jun 17, 2021

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	NXDT	Contingent Bonus Award	Other	$0	-1.23K	-100%	$0.00^*	0	Nov 12, 2021	Common Stock	1.23K		Direct	F1
transaction	NXDT	Restricted Stock Units	Other	$0	-2.06K	-100%	$0.00^*	0	Nov 12, 2021	Common Stock	2.06K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Robert Jason Post is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The Contingent Bonus Award previously granted by NexPoint Advisors, L.P. ("NexPoint") to the Reporting Person terminated as a result of the Reporting Person's termination of employment with NexPoint.
F2	The Restricted Stock Units previously granted by NexPoint to the Reporting Person terminated as a result of the Reporting Person's termination of employment with NexPoint.

Remarks:

On November 8, 2021, NexPoint Strategic Opportunities Fund changed its name to "NexPoint Diversified Real Estate Trust" (the "Company"). In addition to the name change, the Company changed its ticker to "NXDT." The name change is part of the Company's ongoing conversion from a registered investment company to a diversified real estate investment trust.