Dondero James D's Form 4 filing
Nexpoint Diversified Real Estate TrustNXDT · filed Oct 9, 2024
- Accession no.
- 0001437749-24-030959
- Filed
- Oct 9, 2024
- Trade date
- Jan 19, 2022-Oct 7, 2024
- Filing delay
- 994 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 9 non-derivative transactions. Open-market purchases total $155.1K. It was filed 994 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Dondero James DCIK 0001228922 | Director, Officer (See Remarks), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 19, 2022 | Common Stock | PPurchaseAcquired | +2,240 | $13.81 | +$30,934.4 | 5,833.52 | Indirect | |
| Jan 19, 2022 | Common Stock | PPurchaseAcquired | +2,230 | $13.81 | +$30,796.3 | 5,820.39 | Indirect | |
| Jan 19, 2022 | Common Stock | PPurchaseAcquired | +2,240 | $13.82 | +$30,956.8 | 5,833.53 | Indirect | |
| Jan 26, 2022 | Common Stock | PPurchaseAcquired | +1,150 | $13.70 | +$15,755 | 4,327.71 | Indirect | |
| Aug 30, 2022 | Common Stock | PPurchaseAcquired | +1,000 | $15.73 | +$15,730 | 4,141.34 | Indirect | |
| Jan 19, 2022 | Common Stock | PPurchaseAcquired | +2,240 | $13.82 | +$30,956.8 | 5,833.53 | Indirect | |
| Oct 7, 2024 | Common Stock | AGrant or awardAcquired | +78,922.05 | –F3 | – | 1,177,518.87 | Indirect | |
| Oct 7, 2024 | Common Stock | AGrant or awardAcquired | +90,502.15 | –F5 | – | 1,268,021.02 | Indirect | |
| Oct 7, 2024 | Common Stock | AGrant or awardAcquired | +80,929.6 | –F6 | – | 1,348,950.62 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
Under the terms of the Advisory Agreement, dated July 1, 2022, by and between NexPoint Diversified Real Estate Trust (the "Company") and NexPoint Real Estate Advisers X, L.P. (the "Adviser"), as amended by that First Amendment to Advisory Agreement dated October 25, 2022, as amended by that Second Amendment to Advisory Agreement, dated April 11, 2023 and as amended by that Third Amendment to Advisory Agreement dated July 22, 2024 (the "Advisory Agreement"), the Adviser receives payment for a portion of its monthly fees under the Advisory Agreement in common shares of the Company. Such common shares received as payment are valued at the volume-weighted average price ("VWAP") of the shares for the 10 trading days prior to the end of the month for which such fees will be paid. The Company issued 78,922.05 common shares to the Adviser as payment of its fees for the month of July at a VWAP of $6.4097 per share.
Referenced by the price of 1 transaction in Table I.
- F5
Under the terms of the Advisory Agreement, the Adviser receives payment for a portion of its monthly fees under the Advisory Agreement in common shares of the Company. Such common shares received as payment are valued at the VWAP of the shares for the 10 trading days prior to the end of the month for which such fees will be paid. The Company issued 90,502.15 common shares to the Adviser as payment of its fees for the month of August at a VWAP of $5.7060 per share.
Referenced by the price of 1 transaction in Table I.
- F6
Under the terms of the Advisory Agreement, the Adviser receives payment for a portion of its monthly fees under the Advisory Agreement in common shares of the Company. Such common shares received as payment are valued at the VWAP of the shares for the 10 trading days prior to the end of the month for which such fees will be paid. The Company issued 80,929.6 common shares to the Adviser as payment of its fees for the month of September at a VWAP of $6.2507 per share.
Referenced by the price of 1 transaction in Table I.
Remarks
President