Brian Mitts - 04 Apr 2024 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
04 Apr 2024
Net transactions value
-$25,115
Form type
4
Filing time
08 Apr 2024, 16:18:04 UTC
Previous filing
04 Apr 2024
Next filing
15 Apr 2024
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 +6,837 +11% 66,609 04 Apr 2024 Direct F1
transaction NREF Common Stock Tax liability $25,115 -1,926 -2.9% $13.04 64,683 04 Apr 2024 Direct
holding NREF Common Stock 95 04 Apr 2024 By child.
holding NREF Common Stock 7,749 04 Apr 2024 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 -6,837 -25% $0.000000 20,512 04 Apr 2024 Common Stock 6,837 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 April 4, 2023, the reporting person was granted 27,349 restricted stock units. The restricted stock units vested one-fourth on April 4, 2024 and will vest one-fourth on April 4, 2025, one-fourth on April 4, 2026, and one-fourth on April 4, 2027. 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