Filing Details

Accession Number:
0001437749-23-027967
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-10 16:15:22
Reporting Period:
2023-10-05
Accepted Time:
2023-10-10 16:15:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1356115 Nexpoint Diversified Real Estate Trust NXDT () 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
See Remarks Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
5.50% Series A Cumulative Preferred Shares Acquisiton 2023-10-05 2,081 $14.20 20,424 No 4 P Indirect See Footnote
5.50% Series A Cumulative Preferred Shares Acquisiton 2023-10-06 373 $14.20 20,797 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
5.50% Series A Cumulative Preferred Shares 45,986 Indirect See Footnote
5.50% Series A Cumulative Preferred Shares 13,831 Indirect See Footnote
Footnotes
  1. These shares are held by Drugcrafters, L.P. ("Drugcrafters"). Mr. Dondero is the sole managing member of the general partner of Drugcrafters and may be deemed to be an indirect beneficial owner of shares held by Drugcrafters. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  2. These shares are held by The Dugaboy Investment Trust of which Mr. Dondero is the beneficiary pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  3. These shares are held by Highland Global Allocation Fund, which is managed by NexPoint Asset Management, L.P. ("NexPoint Asset Management"). Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., NexPoint Asset Management's general partner, and may be deemed to be an indirect beneficial owner of shares held by NexPoint Asset Management. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.