Form 4 for NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Accepted 2024-04-08 00:00:00 ET · period of report 2024-04-04 · accession 0001437749-24-011454 · 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 | NORRIS DUSTIN DAVID | See Remarks | M - OptEx | — | +12.4K | 44.7K | +39% | — |
| D | 2024-04-08 | 2024-04-04 | NXDT | NORRIS DUSTIN DAVID | See Remarks | F - Tax | $6.05 | -4,054 | 40.6K | -9% | -$24.5K |
| D | 2024-04-08 | 2024-04-04 | NXDT | NORRIS DUSTIN DAVID | See Remarks | M - OptEx | $0.00 | -12.4K | 37.3K | -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 | M | A | 12,438 | — | 44,667.60 | D | — | — | (F1) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. (F2) Includes shares held under a dividend reinvestment plan. |
| 2 | Common | Common Stock | 2024-04-04 | F | D | 4,054 | $6.05 | 40,613.60 | D | — | — | (F2) Includes shares held under a dividend reinvestment plan. |
| 3 | Derivative | Restricted Shares Units | 2024-04-04 | M | D | 12,438 | $0.00 | 37,313 | D | — · — to — | 12,438 Common Shares | (F1) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. (F3) On April 4, 2023, the reporting person was granted 49,751 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. |