POST ROBERT JASON 4
4 · NexPoint Strategic Opportunities Fund · Filed May 2, 2019
Insider Transaction Report
Form 4
POST ROBERT JASON
Chief Compliance Officer
Transactions
- Award
Restricted Stock Units
2019-04-11+2,061.383→ 2,061.383 total→ Common Stock, par value $0.001 per share
Footnotes (2)
- [F1]Mr. Post received a grant of 2,061.383 restricted stock units ("RSUs") with respect to 2,061.383 shares from Highland Capital Management, L.P. ("HCMLP"), an affiliate of the investment adviser to NexPoint Strategic Opportunities Fund ("NHF"), pursuant to Contingent Bonus Award Agreement dated April 30, 2019. The RSUs are scheduled to vest on May 31, 2021. Upon settlement, the RSUs will become payable within 60 days on a one-for-one basis in shares of the Issuer's common stock or the cash value thereof or a combination thereof at the election of the Plan administrator, James Dondero.
- [F2]Pursuant to the SEC staff no-action letter to Babson Capital Management LLC (pub. Avail. Dec. 14, 2006), an employee benefit plan sponsored by an investment adviser (or an affiliated person of an investment adviser) to a closed-end investment company registered under the Investment Company Act of 1940, as amended, that offers plan participants equity securities of such investment company is considered an "employee benefit plan sponsored by the issuer" for the purposes of Rule 16b-3 under the Securities Exchange Act of 1934, as amended.