James Dondero - Jun 27, 2024 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
President, Director, 10%+ Owner
Signature
/s/ James Dondero
Stock symbol
NXDT
Transactions as of
Jun 27, 2024
Transactions value $
$134,159
Form type
4
Date filed
7/1/2024, 04:30 PM
Previous filing
Jun 27, 2024
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Purchase $80.7K +15.5K +6.68% $5.19 248K Jun 27, 2024 See Footnote F1
transaction NXDT Common Stock Purchase $53.5K +9.83K +3.96% $5.44 258K Jun 28, 2024 See Footnote F1
holding NXDT Common Stock 819K Jun 27, 2024 See Footnote F2
holding NXDT Common Stock 1.9M Jun 27, 2024 See Footnote F3
holding NXDT Common Stock 4.28M Jun 27, 2024 Direct
holding NXDT Common Stock 536K Jun 27, 2024 See Footnote F4
holding NXDT Common Stock 67.6K Jun 27, 2024 By employee benefit plan
holding NXDT Common Stock 2.39K Jun 27, 2024 As custodian of UTMA account for child 1 F5
holding NXDT Common Stock 2.39K Jun 27, 2024 As custodian of UTMA account for child 2 F5
holding NXDT Common Stock 2.39K Jun 27, 2024 As custodian of UTMA account for child 3 F5
holding NXDT Common Stock 2.39K Jun 27, 2024 As custodian of UTMA account for child 4 F5
holding NXDT Common Stock 2.39K Jun 27, 2024 As custodian of UTMA account for child 5 F5
holding NXDT Common Stock 2.39K Jun 27, 2024 As custodian of UTMA account for child 6 F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
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 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.
F5 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.

Remarks:

President