James Dondero - Jul 6, 2022 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role: President, Director, 10%+ Owner
Signature: /s/ James D. Dondero
Stock symbol: NXDT
Transactions as of: Jul 6, 2022
Transactions value $: $5,431
Form type: 4
Date filed: 8/16/2022, 04:15 PM
Previous filing: Jun 21, 2022
Next filing: Jul 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXDT	5.50% Series A Cumulative Preferred Shares	Purchase	$5.43K	+286	+0.63%	$18.99	46K	Jul 6, 2022	See Footnote	F1
holding	NXDT	5.50% Series A Cumulative Preferred Shares						13K	Jul 6, 2022	See Footnote	F2

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

Explanation of Responses:

Id	Content
F1	These shares are held by The Dugaboy Investment Trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares.
F2	These shares are held by certain entities ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

President