SEC Form 4 · accession 0000899243-18-027680
NEXPOINT DIVERSIFIED REAL ESTATE TRUST · NXDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Dondero
Officer — See Remarks · 10% Owner
Period of report
Oct 26, 2018
Accepted (ET)
Oct 30, 2018 · 5:15 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 | Oct 26, 2018 | P | 449 | $21.5129 | A | 1,425,377 | I | See Footnote |
| Common StockF1 | Oct 26, 2018 | P | 200 | $21.515 | A | 1,425,577 | I | See Footnote |
| Common StockF1 | Oct 26, 2018 | P | 500 | $21.526 | A | 1,426,077 | I | See Footnote |
| Common StockF1 | Oct 26, 2018 | P | 5,203 | $21.5927 | A | 1,431,280 | I | See Footnote |
| Common StockF2 | holding | — | — | — | 42,611 | I | By employee benefit plan | |
| Common StockF3 | holding | — | — | — | 2,914,201 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 1,015,991 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 9,425 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These 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.
- F2These shares are held pursuant to an employee benefit plan.
- F3These shares are held by The Dugaboy Investment Trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares.
- F4These shares are held by certain managed accounts ultimately advised by Mr. Dondero (collectively, the "Highland Accounts"). Mr. Dondero may be deemed to have an indirect beneficial owner of shares held by the Highland Accounts. 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.
Remarks
President and Principal Executive Officer