Brian Mitts - 08 May 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
Issuer symbol
NREF
Transactions as of
08 May 2023
Net transactions value
-$27,108
Form type
4
Filing time
10 May 2023, 16:30:29 UTC
Previous filing
13 Apr 2023
Next filing
15 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NREF Common Stock Options Exercise +5,780 +12% 55,358 08 May 2023 Direct F1
transaction NREF Common Stock Tax liability $27,108 -2,011 -3.6% $13.48 53,347 08 May 2023 Direct
holding NREF Common Stock 96 08 May 2023 By child
holding NREF Common Stock 7,749 08 May 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 -5,780 -50% $0.000000 5,780 08 May 2023 Common Stock 5,780 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