4//SEC Filing
STOOPS CLIFFORD 4
Accession 0000899243-19-011933
CIK 0001356115other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 7:13 PM ET
Size
6.7 KB
Accession
0000899243-19-011933
Insider Transaction Report
Form 4
STOOPS CLIFFORD
Assistant Treasurer
Transactions
- Award
Restricted Stock Units
2018-04-11+2,725.607→ 2,725.607 total→ Common Stock, par value $0.001 per share
Footnotes (2)
- [F1]Mr. Stoops received a grant of 2,725.607 restricted stock units ("RSUs") with respect to 2,725.607 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.
Documents
Issuer
NexPoint Strategic Opportunities Fund
CIK 0001356115
Entity typeother
Related Parties
1- filerCIK 0001700873
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 7:13 PM ET
- Size
- 6.7 KB