Matt McGraner - 04 Apr 2024 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Executive VP, Chief Investment Officer and Secretary
Signature
/s/ Brian Mitts, as attorney-in-fact for Matt McGraner
Issuer symbol
NXDT
Transactions as of
04 Apr 2024
Net transactions value
-$81,723
Form type
4
Filing time
08 Apr 2024, 20:41:31 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 NXDT Common Stock Options Exercise +45,125 +260% 62,473 04 Apr 2024 Direct F1
transaction NXDT Common Stock Tax liability $81,723 -13,508 -22% $6.05 48,965 04 Apr 2024 Direct
holding NXDT Common Stock 707 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 -45,125 -25% $0.000000 135,373 04 Apr 2024 Common Shares 45,125 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 180,498 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 VP, Chief Investment Officer and Secretary