Form 4 for NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Accepted 2024-04-08 00:00:00 ET · period of report 2024-04-04 · accession 0001437749-24-011455 · 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 | Mitts Brian | See Remarks, Dir | M - OptEx | — | +7,463 | 8,419 | +781% | — |
| D | 2024-04-08 | 2024-04-04 | NXDT | Mitts Brian | See Remarks, Dir | F - Tax | $6.05 | -2,432 | 5,987 | -29% | -$14.7K |
| D | 2024-04-08 | 2024-04-04 | NXDT | Mitts Brian | See Remarks, Dir | M - OptEx | $0.00 | -7,463 | 22.4K | -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 | 7,463 | — | 8,419 | D | — | — | (F1) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. |
| 2 | Common | Common Stock | 2024-04-04 | F | D | 2,432 | $6.05 | 5,987 | D | — | — | |
| 3 | Derivative | Restricted Shares Units | 2024-04-04 | M | D | 7,463 | $0.00 | 22,388 | D | — · — to — | 7,463 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 29,851 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. |