James Dondero - Nov 1, 2021 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Signature
/s/ James Dondero
Stock symbol
NXDT
Transactions as of
Nov 1, 2021
Transactions value $
$337,328
Form type
4
Date filed
6/17/2024, 04:31 PM
Previous filing
Nov 1, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Purchase $11.7K +2.39K $4.92 2.39K Jun 13, 2024 As custodian of UTMA account for child 1 F1
transaction NXDT Common Stock Purchase $11.7K +2.39K $4.92 2.39K Jun 13, 2024 As custodian of UTMA account for child 2 F1
transaction NXDT Common Stock Purchase $11.7K +2.39K $4.92 2.39K Jun 13, 2024 As custodian of UTMA account for child 3 F1
transaction NXDT Common Stock Purchase $11.7K +2.39K $4.92 2.39K Jun 13, 2024 As custodian of UTMA account for child 4 F1
transaction NXDT Common Stock Purchase $11.7K +2.39K $4.92 2.39K Jun 13, 2024 As custodian of UTMA account for child 5 F1
transaction NXDT Common Stock Purchase $11.7K +2.39K $4.92 2.39K Jun 13, 2024 As custodian of UTMA account for child 6 F1
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $54.6K +3.8K +29.24% $14.36 16.8K Nov 1, 2021 See Footnote F7
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $81.8K +5.69K +33.87% $14.36 22.5K Nov 2, 2021 See Footnote F7
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $44.8K +3.12K +13.85% $14.36 25.6K Jan 12, 2022 See Footnote F7
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $56K +3.9K +15.22% $14.36 29.5K Jan 13, 2022 See Footnote F7
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $4.96K +325 $15.25 325 Jun 13, 2024 As custodian of UTMA account for child 1 F1
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $4.96K +325 $15.25 325 Jun 13, 2024 As custodian of UTMA account for child 2 F1
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $4.96K +325 $15.25 325 Jun 13, 2024 As custodian of UTMA account for child 3 F1
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $4.96K +325 $15.25 325 Jun 13, 2024 As custodian of UTMA account for child 4 F1
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $4.96K +325 $15.25 325 Jun 13, 2024 As custodian of UTMA account for child 5 F1
transaction NXDT 5.50% Series A Cumulative Preferred Shares Purchase $4.96K +325 $15.25 325 Jun 13, 2024 As custodian of UTMA account for child 6 F1
holding NXDT Common Stock 819K Nov 1, 2021 See Footnote F2
holding NXDT Common Stock 1.9M Nov 1, 2021 See Footnote F3
holding NXDT Common Stock 4.28M Nov 1, 2021 Direct F4
holding NXDT Common Stock 105K Nov 1, 2021 See Footnote F5
holding NXDT Common Stock 536K Nov 1, 2021 See Footnote F4, F6
holding NXDT Common Stock 67.6K Nov 1, 2021 By employee F6
holding NXDT 5.50% Series A Cumulative Preferred Shares 37.3K Nov 1, 2021 See Footnote F7
holding NXDT 5.50% Series A Cumulative Preferred Shares 49.2K Nov 1, 2021 See Footnote F8
holding NXDT 5.50% Series A Cumulative Preferred Shares 13.8K Nov 1, 2021 See Footnote F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held for one of Mr. Dondero's children, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which Mr. Dondero serves as custodian. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F2 32,082 shares are held by Drugcrafters, L.P. ("Drugcrafters"), 71,427.19 shares are held by PCMG Trading Partners XXIII, L.P., 183,351 shares are held by Governance Re Ltd. and 531,723.36 shares are held by the Adviser. Mr. Dondero owns 75% of PCMG Trading Partners XXIII, L.P. ("PCMG") and PCMG owns 99% of Drugcrafters. These entities are ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 1,330,582 shares are held by Highland Opportunities and Income Fund and 573,554 shares are held by Highland Global Allocation Fund. These entities are managed by NexPoint Asset Management, L.P. ("NexPoint Asset Management"), which is ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 Includes shares acquired under a dividend reinvestment plan.
F5 These shares are held by The Dugaboy Investment Trust of which Mr. Dondero is the beneficiary pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F6 These shares are held by subsidiaries of The Dugaboy Investment Trust. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F7 These shares are held by Drugcrafters. Mr. Dondero is the sole managing member of the general partner of Drugcrafters and may be deemed to be an indirect beneficial owner of shares held by Drugcrafters. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F8 These shares are held by The Dugaboy Investment Trust of which Mr. Dondero is the beneficiary pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F9 These shares are held by Highland Global Allocation Fund, which is managed by NexPoint Asset Management, which is ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by NexPoint Asset Management. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

President