Frank Waterhouse - Jun 2, 2022 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Principal Financial Officer, Principal Accounting Officer and Treasurer
Signature
/s/ Frank Waterhouse
Stock symbol
NXDT
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
7/1/2022, 04:58 PM
Previous filing
Jul 29, 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 Award +13K 13K Jun 2, 2022 Common Stock 13K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the contingent bonus award is the economic equivalent of one share of the Issuer's common stock.
F2 The Contingent Bonus Award is granted by Highgate Consulting Group, Inc. d/b/a Skyview Group ("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, 2025. These awards will terminate if the Reporting Person's employment with Skyview is terminated.

Remarks:

Principal Financial Officer, Principal Accounting Officer and Treasurer