Dustin David Norris - 04 Apr 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
04 Apr 2024
Net transactions value
-$24,527
Form type
4
Filing time
08 Apr 2024, 20:35:07 UTC
Previous filing
19 Mar 2024
Next filing
24 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Options Exercise +12,438 +39% 44,668 04 Apr 2024 Direct F1, F2
transaction NXDT Common Stock Tax liability $24,527 -4,054 -9.1% $6.05 40,614 04 Apr 2024 Direct F2
holding NXDT Common Stock 40,070 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 NXDT Restricted Shares Units Options Exercise $0 -12,438 -25% $0.000000 37,313 04 Apr 2024 Common Shares 12,438 Direct F1, F3
* 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 Includes shares held under a dividend reinvestment plan.
F3 On April 4, 2023, the reporting person was granted 49,751 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:

Executive Vice President