DUSTIN NORRIS - 18 Mar 2024 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Executive Vice President
Signature
/s/ Brian Mitts as Attorney-in-fact for Dustin Norris
Issuer symbol
NXDT
Transactions as of
18 Mar 2024
Transactions value $
$0
Form type
4
Filing time
19 Mar 2024, 16:19:31 UTC
Previous filing
06 Apr 2023
Next filing
08 Apr 2024
SEC
View on sec.gov

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 NXDT Restricted Shares Units Award $0 +71.4K $0.00 71.4K 18 Mar 2024 Common Shares 71.4K 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 shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
F2 On March 18, 2024, the reporting person was granted 71,429 restricted shares units. The restricted shares units will vest one-fourth on March 18, 2025, one-fourth on March 18, 2026, one-fourth on March 18, 2027, and one-fourth on March 18, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Executive Vice President