Matt McGraner - 08 Sep 2021 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
Executive VP and Chief Investment Officer
Signature
/s/ Brian Mitts, as attorney-in-fact for Matt McGraner
Issuer symbol
NREF
Transactions as of
08 Sep 2021
Transactions value $
$0
Form type
4
Filing time
12 Nov 2021, 15:30:43 UTC
Previous filing
29 Jun 2021
Next filing
17 Dec 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NREF OP Units Other $0 -14.1K -100% $0.00* 0 08 Sep 2021 Common Stock 14.1K See Footnote F1, F2, F3, F4
transaction NREF OP Units Other $0 -127K -100% $0.00* 0 08 Sep 2021 Common Stock 127K See Footnote F1, F2, F3, F4
transaction NREF Class C OP Units Other $0 +14.1K $0.00 14.1K 08 Sep 2021 Common Stock 14.1K See Footnote F1, F2, F3, F5
transaction NREF Class C OP Units Other $0 +127K $0.00 127K 08 Sep 2021 Common Stock 127K See Footnote F1, F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of NexPoint Real Estate Finance, Inc. (the "Issuer").
F2 The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date.
F3 Pursuant to a reclassification exempt under Rule 16b-7 promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each OP Unit reported herein was reclassified into a new Class C OP Unit.
F4 Prior to the reclassification referred to in footnote 3 hereto, Mr. McGraner transferred 126,975.17 OP Units to another trust for which he serves as trustee.
F5 These OP Units are held by trusts for which Mr. McGraner serves as trustee. Mr. McGraner disclaims beneficial ownership of such OP Units except to the extent of his pecuniary interest therein.

Remarks:

Executive VP and Chief Investment Officer