Form 4 for NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST

Accepted 2023-03-09 00:00:00 ET · period of report 2023-03-07 · accession 0001437749-23-005996 · 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
MI	2023-03-09	2023-03-07+	NXDT	DONDERO JAMES D	See Remarks, Dir, 10%	P - Purchase	$15.89	+13.8K	8,931	New	+$219.8K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	5.50% Series A Cumulative Preferred Shares	2023-03-08	P	A	4,900	$15.83	13,831	I See Footnote	—	—	(F1) These shares are held by Highland Global Allocation Fund, which is managed by NexPoint Asset Management, L.P. ("NexPoint Asset Management") (f/k/a Highland Capital Management Fund Advisers, L.P.). Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., NexPoint Asset Management's general partner, and 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.
2	Common	5.50% Series A Cumulative Preferred Shares	2023-03-07	P	A	8,931	$15.93	8,931	I See Footnote	—	—	(F1) These shares are held by Highland Global Allocation Fund, which is managed by NexPoint Asset Management, L.P. ("NexPoint Asset Management") (f/k/a Highland Capital Management Fund Advisers, L.P.). Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., NexPoint Asset Management's general partner, and 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.