Brian Mitts - Jun 24, 2021 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, Director
Signature
/s/ Brian Mitts
Stock symbol
NREF
Transactions as of
Jun 24, 2021
Transactions value $
-$49,793
Form type
4
Date filed
6/28/2021, 06:01 PM
Previous filing
Jun 23, 2021
Next filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NREF Common Stock Options Exercise +5.78K +20.64% 33.8K Jun 24, 2021 Direct F1
transaction NREF Common Stock Tax liability -$49.8K -2.4K -7.11% $20.73 31.4K Jun 24, 2021 Direct
holding NREF Common Stock 6.37K Jun 24, 2021 By 401(k) plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NREF Restricted Stock Units Options Exercise $0 -5.78K -25% $0.00 17.3K Jun 24, 2021 Common Stock 5.78K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc.
F2 Includes shares acquired under the issuer's dividend reinvestment plan.
F3 On June 24, 2020, the reporting person was granted 23,121 restricted stock units. The restricted stock units vested one-fourth on June 24, 2021, and will vest one-fourth on May 8, 2022, one-fourth on May 8, 2023 and one-fourth on May 8, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer