Brian Mitts - Apr 4, 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
Apr 4, 2024
Transactions value $
-$14,714
Form type
4
Date filed
4/8/2024, 08:39 PM
Previous filing
Apr 4, 2024
Next filing
Apr 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Options Exercise +7.46K +780.65% 8.42K Apr 4, 2024 Direct F1
transaction NXDT Common Stock Tax liability -$14.7K -2.43K -28.89% $6.05 5.99K Apr 4, 2024 Direct
holding NXDT Common Stock 5.52K Apr 4, 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 -7.46K -25% $0.00 22.4K Apr 4, 2024 Common Shares 7.46K 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 29,851 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:

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