Form 4 for NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Accepted 2024-04-08 00:00:00 ET · period of report 2024-04-04 · accession 0001437749-24-011453 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-08 | 2024-04-04 | NXDT | Sauter Dennis Charles Jr | See Remarks | F - Tax | $6.05 | -811 | 1,677 | -33% | -$4,907 |
| D | 2024-04-08 | 2024-04-04 | NXDT | Sauter Dennis Charles Jr | See Remarks | M - OptEx | — | +2,488 | 2,488 | New | — |
| D | 2024-04-08 | 2024-04-04 | NXDT | Sauter Dennis Charles Jr | See Remarks | M - OptEx | $0.00 | -2,488 | 7,462 | -25% | $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 | 2024-04-04 | F | D | 811 | $6.05 | 1,677 | D | — | — | |
| 2 | Common | Common Stock | 2024-04-04 | M | A | 2,488 | — | 2,488 | D | — | — | (F1) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. |
| 3 | Derivative | Restricted Shares Units | 2024-04-04 | M | D | 2,488 | $0.00 | 7,462 | D | — · — to — | 2,488 Common Shares | (F1) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. (F2) On April 4, 2023, the reporting person was granted 9,950 restricted shares units which vested one-fourth on April 4, 2024, and will vest one-fourth on April 4, 2025, one-fourth on April 4, 2026 and one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |