Dustin Norris - Jun 2, 2022 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Signature
/s/ Dustin Norris
Stock symbol
NXDT
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/30/2022, 06:45 PM
Previous filing
Oct 28, 2021
Next filing
Jan 5, 2023

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 NXDT Contingent Bonus Award Award +32.4K 32.4K Jun 2, 2022 Common Stock 32.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the contingent bonus award is the economic equivalent of one share of the Issuer's common stock.
F2 The Contingent Bonus Award is granted by NexPoint Advisors, L.P. ("NexPoint") to the Reporting Person for service as an employee of NexPoint. Each share of the Contingent Bonus Award is the economic equivalent of one share of Issuer common stock. The shares become payable, in cash or common stock, on May 31, 2025. These awards will terminate if the Reporting Person's employment with NexPoint is terminated.