Filing Details

Accession Number:
0000899243-19-014058
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-17 21:13:37
Reporting Period:
2019-05-15
Accepted Time:
2019-05-17 21:13:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1622353 Jernigan Capital Inc. JCAP () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1228922 D James Dondero 300 Crescent Court, Suite 700
Dallas TX 75201
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-05-15 14,948 $21.11 519,316 No 4 S Indirect By NexPoint Advisors, L.P.
Common Stock Disposition 2019-05-16 73,889 $21.08 445,427 No 4 S Indirect By NexPoint Advisors, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By NexPoint Advisors, L.P.
No 4 S Indirect By NexPoint Advisors, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 238,611 Indirect By Highland Capital Management Fund Advisors, L.P.
Footnotes
  1. These 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. The sales reported herein were made by NexPoint Strategic Opportunities Fund, an investment company registered under the Investment Company Act of 1940. The sales of Jernigan Capital, Inc. ("JCAP") common stock reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person disgorged $25.92 to JCAP, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
  2. These 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.