Dennis Charles Sauter Jr - Apr 4, 2024 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
General Counsel
Signature
/s/ Brian Mitts, as attorney-in-fact for Dennis Charles Sauter Jr
Stock symbol
NREF
Transactions as of
Apr 4, 2024
Transactions value $
-$14,970
Form type
4
Date filed
4/8/2024, 04:17 PM
Previous filing
Apr 1, 2024
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NREF Common Stock Options Exercise +3.24K +19.61% 19.7K Apr 4, 2024 Direct F1
transaction NREF Common Stock Tax liability -$15K -1.15K -5.81% $13.04 18.6K Apr 4, 2024 Direct

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 -3.24K -25% $0.00 9.72K Apr 4, 2024 Common Stock 3.24K Direct F1, F2
* 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 On April 4, 2023, the reporting person was granted 12,953 restricted stock units. The restricted stock units 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.