SEC Form 4 · accession 0000899243-17-004614
Jernigan Capital, Inc. · JCAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Dondero
Director
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 8:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001622353
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 15, 2017 | A | 41,353 | $19.89 | A | 41,353 | I | By NexPoint Advisors, L.P. |
| Common StockF3 | holding | — | — | — | 256,279 | I | By Highland Capital Management Fund |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The increase in the number of shares of common stock of the Issuer held is the result of a stock dividend applying equally to all shares of Series A Preferred Stock of the Issuer owned on the dividend record date.
- F2These shares are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of shares held by NP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F3These shares are held by Highland Capital Management Fund Advisors, L.P. ("Highland") indirectly through advised accounts. Mr. Dondero is the President and the director of Strand Advisors XVI, Inc., Highland's general partner, and may be deemed to be an indirect beneficial owner of shares held by Highland. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.