Brian Mitts - Mar 18, 2024 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary, Director
Signature
/s/ Brian Mitts
Stock symbol
NXDT
Transactions as of
Mar 18, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 04:19 PM
Previous filing
Mar 15, 2024
Next filing
Apr 1, 2024

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 +21.4K $0.00 21.4K Mar 18, 2024 Common Shares 21.4K 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 21,429 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:

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