Frank George Waterhouse - 02 Jun 2022 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
02 Jun 2022
Net transactions value
$0
Form type
4
Filing time
01 Jul 2022, 17:02:50 UTC
Previous filing
29 Jul 2021
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 Award +16,949 16,949 02 Jun 2022 Common Stock 16,949 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 Executive Officer, Principal Financial Officer, Principal Accounting Officer and Treasurer