James Dondero - Oct 5, 2023 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
Oct 5, 2023
Transactions value $
$34,847
Form type
4
Date filed
10/10/2023, 04:15 PM
Previous filing
Sep 18, 2023
Next filing
Oct 27, 2023

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 $29.6K +2.08K +11.34% $14.20 20.4K Oct 5, 2023 See Footnote F1
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $5.3K +373 +1.83% $14.20 20.8K Oct 6, 2023 See Footnote F1
holding NXDT 5.50% Series A Cumulative Preferred Shares 46K Oct 5, 2023 See Footnote F2
holding NXDT 5.50% Series A Cumulative Preferred Shares 13.8K Oct 5, 2023 See Footnote F3
* 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 Drugcrafters, L.P. ("Drugcrafters"). Mr. Dondero is the sole managing member of the general partner of Drugcrafters and may be deemed to be an indirect beneficial owner of shares held by Drugcrafters. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F2 These shares are held by The Dugaboy Investment Trust of which Mr. Dondero is the beneficiary pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 These shares are held by Highland Global Allocation Fund, which is managed by NexPoint Asset Management, L.P. ("NexPoint Asset Management"). Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., NexPoint Asset Management's general partner, and may be deemed to be an indirect beneficial owner of shares held by NexPoint Asset Management. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

President