SEC Form 4 · accession 0001144204-16-135429
Jernigan Capital, Inc. · JCAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Dondero
Director
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 5:18 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 | Nov 16, 2016 | S | 1,114 | $18.5009 | D | 177,279 | I | By Highland Capital Management Fund Advisors, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person's sale of Jernigan Capital, Inc. ("JCAP") common stock reported herein is not matchable under Section 16(b) of the Securities Exchange Act of 1934 against purchases made before the Reporting Person became a director of JCAP on August 4, 2016.
- F2These 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.