Brian Mitts - May 8, 2023 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, Director
Signature
/s/ Brian Mitts
Stock symbol
NREF
Transactions as of
May 8, 2023
Transactions value $
-$27,108
Form type
4
Date filed
5/10/2023, 04:30 PM
Previous filing
Apr 13, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NREF Common Stock Options Exercise +5.78K +11.66% 55.4K May 8, 2023 Direct F1
transaction NREF Common Stock Tax liability -$27.1K -2.01K -3.63% $13.48 53.3K May 8, 2023 Direct
holding NREF Common Stock 96 May 8, 2023 By child
holding NREF Common Stock 7.75K May 8, 2023 By 401(k) plan

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 NREF Restricted Stock Units Options Exercise $0 -5.78K -50% $0.00 5.78K May 8, 2023 Common Stock 5.78K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc.
F2 On June 24, 2020, the reporting person was granted 23,121 restricted stock units. The restricted stock units vested one-fourth on June 24, 2021, one-fourth on May 8, 2022, and one-fourth on May 8, 2023, and will vest one-fourth on May 8, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer