Brian Mitts - Apr 4, 2023 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role: Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary, Director
Signature: /s/ Brian Mitts
Stock symbol: NXDT
Transactions as of: Apr 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/6/2023, 04:06 PM
Previous filing: Mar 29, 2023
Next filing: Apr 13, 2023
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	NXDT	Restricted Shares Units	Award	$0	+29.9K		$0.00	29.9K	Apr 4, 2023	Common Shares	29.9K		Direct	F1, F2

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
F2	On April 4, 2023, the reporting person was granted 29,851 restricted shares units. The restricted shares units will vest one-fourth on April 4, 2024, one-fourth on April 4, 2025, one-fourth on April 4, 2026, and one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary