James Dondero - Sep 27, 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
Sep 27, 2022
Transactions value $
$123,054
Form type
4
Date filed
9/28/2022, 06:18 PM
Previous filing
Sep 28, 2022
Next filing
Sep 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Purchase $123K +9.97K +0.27% $12.34 3.64M Sep 27, 2022 See Footnote F1, F2
holding NXDT Common Stock 86.1K Sep 27, 2022 Direct F1
holding NXDT Common Stock 1.83M Sep 27, 2022 See Footnote F3
holding NXDT Common Stock 239K Sep 27, 2022 See Footnote F1, F4
holding NXDT Common Stock 509K Sep 27, 2022 See Footnote F5
holding NXDT Common Stock 60.5K Sep 27, 2022 By employee benefit plan F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired through the Issuer's Dividend Reinvestment Plan.
F2 These shares are held by The Dugaboy Investment Trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares.
F3 549,863 shares are held by Highland Global Allocation Fund, 118,673 shares are held by Highland Small-Cap Equity Fund and 1,156,943 shares are held by Highland Income Fund. These entities are managed by Highland Capital Management Fund Advisers, which is 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.
F4 63,298.59 shares are held by PCMG Trading Partners XXIII, L.P. and 175,780 shares are held by Governance Re Ltd. These entities are 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.
F5 These shares are held by subsidiaries of The Dugaboy Investment Trust. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

President