SEC Form 4 · accession 0000899243-16-018426
NEXPOINT DIVERSIFIED REAL ESTATE TRUST · NXDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
James D Dondero
10% Owner · Other
Dugaboy Investment Trust
10% Owner
Nancy Marie Dondero
10% Owner
Period of report
Apr 20, 2016
Accepted (ET)
Apr 22, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001356115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 20, 2016 | J | 28,941 | $18.52 | A | 1,974,161 | D | |
| Common StockF3,F2 | holding | — | — | — | 17,608 | I | By employee benefit plan | |
| Common StockF4,F2 | holding | — | — | — | 593,345 | I | See Footnote | |
| Common StockF5,F2 | holding | — | — | — | 3,995 | D | ||
| Common StockF2 | holding | — | — | — | 39,285 | I | By trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are held by The Dugaboy Investment Trust (the "Trust") pursuant to an employee purchase plan. Ms. Dondero is the trustee of the Trust. Ms. Dondero and Mr. Dondero disclaim beneficial ownership of such shares.
- F2Includes shares acquired under the issuer's dividend reinvestment plan.
- F3These shares are held pursuant to an employee benefit plan.
- F4These shares are held by Highland Capital Management, L.P. ("HCMLP") both directly and indirectly through advised accounts. Mr. Dondero is the President and the director of Strand Advisors, Inc., HCMLP's general partner, and may be deemed to be an indirect beneficial owner of shares held by HCMLP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F5These shares are held directly by Mr. Dondero.