Dennis Charles Sauter Jr - Apr 4, 2024 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
General Counsel
Signature
/s/ Brian Mitts, as attorney-in-fact for D.C. Sauter
Stock symbol
NXDT
Transactions as of
Apr 4, 2024
Transactions value $
-$4,907
Form type
4
Date filed
4/8/2024, 08:32 PM
Previous filing
Apr 1, 2024
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Options Exercise +2.49K 2.49K Apr 4, 2024 Direct F1
transaction NXDT Common Stock Tax liability -$4.91K -811 -32.6% $6.05 1.68K Apr 4, 2024 Direct

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 Options Exercise $0 -2.49K -25.01% $0.00 7.46K Apr 4, 2024 Common Shares 2.49K 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 April 4, 2023, the reporting person was granted 9,950 restricted shares units which 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:

General Counsel