SEC Form 4 · accession 0001209191-15-031324
NEXPOINT DIVERSIFIED REAL ESTATE TRUST · NXDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 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 | Apr 1, 2015 | P | 8,855 | $7.5857 | A | 1,389,859 | D | |
| Common StockF2 | holding | — | — | — | 67,669 | D | ||
| Common Stock | holding | — | — | — | 4,935,988 | I | By trust | |
| Common Stock | holding | — | — | — | 137,579 | I | By trust | |
| Common StockF3 | holding | — | — | — | 27,532 | I | By PCMG Trading Partners XXIII, L.P. | |
| Common StockF4 | holding | — | — | — | 661,581 | I | By Highland CDO Holding Company | |
| Common StockF5 | holding | — | — | — | 582 | I | By Highland Equity Focus Fund, L.P. | |
| Common StockF6 | holding | — | — | — | 11,935 | I | By Highland Capital Management Services, Inc. | |
| Common StockF7 | holding | — | — | — | 200,772 | I | By Governance Re, Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are directly held by Highland Capital Management, L.P. ("HCMLP"). 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 directly held by Mr. Dondero.
- F3These shares are directly held by PCMG Trading Partners XXIII, L.P. ("PCMG"). Mr. Dondero is the President of Strand Advisors III Inc., PCMG's general partner, and may be deemed to be an indirect beneficial owner of shares held by PCMG. Mr. Dondero disclaims such beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F4These shares are directly held by Highland CDO Holding Company ("HCDO"). HCMLP is the investment adviser of HCDO. 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 HCDO. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F5These shares are directly held by Highland Equity Focus Fund, L.P. ("HEFF"). HCMLP is the investment adviser of HEFF. 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 HEFF. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F6These shares are directly held by Highland Capital Management Services, Inc. ("HCMSI"). Mr. Dondero is the President of HCMSI and may be deemed to be the indirect beneficial owner of the shares held by HCMSI. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F7These shares are directly held by Governance Re, Ltd. ("Governance"). Mr. Dondero is the President of HCMSI, which is the sole member of Thread 55, LLC, which is the sole shareholder of Governance, Ltd., which is the sole shareholder of Governance, and may be deemed to be an indirect beneficial owner of shares held by Governance. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Remarks
Investment Advisor and Affiliated Person