Scott F. Kavanaugh - Apr 4, 2024 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Director
Signature
/s/ Brian Mitts, as attorney-in-fact for Scott Kavanaugh
Stock symbol
NXDT
Transactions as of
Apr 4, 2024
Transactions value $
$0
Form type
4
Date filed
4/8/2024, 08:48 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 7.46K Apr 4, 2024 Direct F1
holding NXDT Common Stock 41.7K Apr 4, 2024 By Benefit Plan F2

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 -100% $0.00* 0 Apr 4, 2024 Common Shares 7.46K 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 These shares are held in a defined plan for the benefit of the reporting person.
F3 On April 4, 2023, the reporting person was granted 7,463 restricted shares units which vested on April 4, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.