Sauter Dennis Charles Jr 4
4 · NEXPOINT DIVERSIFIED REAL ESTATE TRUST · Filed Apr 7, 2025
Insider Transaction Report
Form 4
Sauter Dennis Charles Jr
See Remarks
Transactions
- Exercise/Conversion
Restricted Shares Units
2025-04-04−2,486→ 4,976 total→ Common Shares (2,486 underlying) - Exercise/Conversion
Common Stock
2025-04-04+2,486→ 6,065 total - Tax Payment
Common Stock
2025-04-04$3.45/sh−993$3,426→ 5,072 total - Award
Restricted Shares Units
2025-04-03+39,069→ 39,069 total→ Common Shares (39,069 underlying)
Footnotes (4)
- [F1]Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
- [F2]Includes shares received pursuant to elective stock dividends paid on the Company's common shares.
- [F3]On April 3, 2025, the reporting person was granted 39,069 restricted shares units. The restricted shares units will vest one-fourth on April 3, 2026, one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- [F4]On April 4, 2023, the reporting person was granted 9,950 restricted shares units. The restricted shares units vested one-fourth on April 4, 2024 and one-fourth on April 4, 2025, and will vest 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.