Mitts Brian 4/A
4/A · NEXPOINT DIVERSIFIED REAL ESTATE TRUST · Filed Sep 16, 2025
Insider Transaction Report
Form 4/AAmended
Mitts Brian
Treasurer
Transactions
- Other
Profits LTIP Units
2025-04-17+4,133.85→ 4,133.85 total→ Common Shares (4,133.85 underlying) - Other
Profits LTIP Units
2025-04-17+28,936→ 33,071.85 total→ Common Shares (28,936 underlying)
Footnotes (4)
- [F1]Represents LTIP Units in NexPoint Diversified Real Estate Trust Operating Partnership, L.P., a Delaware limited partnership and the OP. Each LTIP Unit can ultimately be redeemed by the reporting person for cash or common shares of the Issuer at the option of the Issuer.
- [F2]Acquired pursuant to that certain Agreement and Plan of Merger, dated as of November 22, 2024, by and among the Issuer, OP, and those certain other parties thereto as replacement for previously granted equity interests in one of the target entities, with the exchange rate being equal to the quotient of $0.36 divided by the volume weighted average price of the shares of Common Stock quoted on the New York Stock Exchange for the ten (10) trading days prior to the closing of the merger of NHT Hospitality, Inc. with and into one of the Issuer's wholly owned subsidiaries which equaled $3.7228.
- [F3]On April 17, 2025, the reporting person was granted 33,071.85 LTIP Units of which 28,936 were vested immediately as of the grant date. The remaining LTIP Units will vest on December 13, 2025 and are not subject to expiration. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- [F4]Subject to adjustment for certain events including stock splits, reverse stock splits, stock dividends and recapitalizations of Issuer.