Form 4 for NREF NexPoint Real Estate Finance, Inc.
Accepted 2022-01-10 00:00:00 ET · period of report 2021-12-16 · accession 0001437749-22-000665 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-01-10 | 2022-01-07 | NREF | DONDERO JAMES D | Pres, Dir, 10% | A - Grant | $21.04 | +4.77M | 763.5K | New | +$100.46M |
| DMI | 2022-01-10 | 2022-01-07 | NREF | DONDERO JAMES D | Pres, Dir, 10% | A - Grant | $21.04 | +8.50M | 4.50M | New | +$178.76M |
| DMI | 2022-01-10 | 2022-01-07 | NREF | DONDERO JAMES D | Pres, Dir, 10% | D - Sale to Iss | $21.04 | -4.77M | 0 | -100% | -$100.46M |
| D | 2022-01-10 | 2021-12-16 | NREF | DONDERO JAMES D | Pres, Dir, 10% | G - Gift | $0.00 | -395.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-07 | A | A | 4,497,625 | $21.04 | 5,694,670 | I See Footnote | — | — | (F1) These securities are held by Highland Capital Management Fund Advisors, L.P. ("HCMFA") indirectly through advised accounts. Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., HCMFA's general partner, and may be deemed to be an indirect beneficial owner of securities held by HCMFA. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2022-01-07 | A | A | 276,945 | $21.04 | 763,485 | I See Footnote | — | — | (F2) These securities are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of securities held by NP. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
| 3 | Derivative | Class B OP Units | 2022-01-07 | A | A | 3,721,571.74 | $21.04 | 6,969,081.43 | I See Footnote | — · — to — | 3,721,571.74 Common Stock | (F6) Represents common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of the NexPoint Real Estate Finance, Inc. (the "Issuer"). (F1) These securities are held by Highland Capital Management Fund Advisors, L.P. ("HCMFA") indirectly through advised accounts. Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., HCMFA's general partner, and may be deemed to be an indirect beneficial owner of securities held by HCMFA. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. (F7) The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date. |
| 4 | Derivative | Class C OP Units | 2022-01-07 | D | D | 276,946.28 | $21.04 | 0 | I | — · — to — | 276,946.28 Common Stock | (F6) Represents common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of the NexPoint Real Estate Finance, Inc. (the "Issuer"). (F7) The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date. |
| 5 | Derivative | Class C OP Units | 2022-01-07 | A | A | 276,946.28 | $21.04 | 276,946.28 | I See Footnote | — · — to — | 276,946.28 Common Stock | (F6) Represents common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of the NexPoint Real Estate Finance, Inc. (the "Issuer"). (F1) These securities are held by Highland Capital Management Fund Advisors, L.P. ("HCMFA") indirectly through advised accounts. Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., HCMFA's general partner, and may be deemed to be an indirect beneficial owner of securities held by HCMFA. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. (F7) The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date. |
| 6 | Derivative | Class C OP Units | 2022-01-07 | D | D | 4,497,626.14 | $21.04 | 0 | I See Footnote | — · — to — | 4,497,626.14 Common Stock | (F6) Represents common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of the NexPoint Real Estate Finance, Inc. (the "Issuer"). (F2) These securities are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of securities held by NP. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. (F7) The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date. |
| 7 | Derivative | Class C OP Units | 2021-12-16 | G | D | 395,033.86 | $0.00 | 0 | D See Footnote | — · — to — | 395,033.86 Common Stock | (F6) Represents common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of the NexPoint Real Estate Finance, Inc. (the "Issuer"). (F2) These securities are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of securities held by NP. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. (F7) The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date. |
| 8 | Derivative | Class C OP Units | 2022-01-07 | A | A | 4,497,626.14 | $21.04 | 4,497,626.14 | I See Footnote | — · — to — | 4,497,626.14 Common Stock | (F6) Represents common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of the NexPoint Real Estate Finance, Inc. (the "Issuer"). (F2) These securities are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of securities held by NP. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. (F7) The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date. |