James D. Dondero - 15 Aug 2023 Form 4 Insider Report for NEXPOINT REAL ESTATE STRATEGIES FUND (NRSAX)

Role
President and Principal Executive Officer, 10%+ Owner
Signature
/s/ James D. Dondero
Issuer symbol
NRSAX
Transactions as of
15 Aug 2023
Net transactions value
-$9,397,248
Form type
4
Filing time
18 Sep 2023, 16:15:26 UTC
Previous filing
03 Aug 2023
Next filing
10 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRSAX Class Z Shares of Beneficial Interest Sale $9,397,248 -500,120 -97% $18.79 12,939 15 Aug 2023 See Footnote F1, F2
holding NRSAX Class Z Shares of Beneficial Interest 16,110 15 Aug 2023 See Footnote F1, F3
holding NRSAX Class Z Shares of Beneficial Interest 58,323 15 Aug 2023 See Footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under the issuer's dividend reinvestment plan.
F2 These shares are held by The Dugaboy Investment Trust pursuant to an employee purchase plan. The Reporting Person disclaims beneficial ownership of such shares to the extent of his pecuniary interest therein.
F3 These shares are held by NexPoint Advisors, L.P. ("NexPoint"). The Reporting Person is the President and the director of NexPoint Advisors GP, LLC, NexPoint's general partner, and may be deemed to be an indirect beneficial owner of shares held by NexPoint. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 These shares are held by Governance Re Ltd. The Reporting Person ultimately controls Governance Re Ltd., and may be deemed to be an indirect beneficial owner of shares held by Governance Re Ltd. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

President and Principal Executive Officer