Edward N. Constantino - 04 Apr 2024 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Director
Signature
/s/ Brian Mitts, as attorney-in-fact for Edward Constantino
Issuer symbol
NXDT
Transactions as of
04 Apr 2024
Net transactions value
$0
Form type
4
Filing time
08 Apr 2024, 20:51:46 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 +7,463 +42% 25,362 04 Apr 2024 Direct F1
transaction NXDT Common Stock Disposed to Issuer -3,732 -15% 21,630 04 Apr 2024 Direct 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 -7,463 -100% $0.000000* 0 04 Apr 2024 Common Shares 7,463 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 Represents the portion of previously reported restricted shares unit grant that vested on April 4, 2024 and settled in cash.
F3 On April 4, 2023, the reporting person was granted 7,463 restricted shares units which vested on April 4, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.