Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 216

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 216
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 at the time the Omnibus Plan was adopted, or such greater number as may be determined by the Board and approved by the Unitholders and, if required, by any relevant stock exchange or other regulatory authority; all of which may be delivered in satisfaction of restricted equity units, performance-based awards, Deferred Units, NHT OP Profits Interest Units or any other applicable award, awarded under the Omnibus Plan. Units issued under the Omnibus Plan may be Units held in treasury or authorized but unissued Units of NHT not reserved for any other purpose. Units subject to an award that for any reason expires without having been exercised, is cancelled, forfeited or terminated or otherwise is settled without the issuance of Units, will again be available for grant under the Omnibus Plan.

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The following table summarizes certain information as of December 31, 2023 regarding compensation plans of NHT under which equity securities are authorized for issuance.

| Plan Category                                                                 |    Number of securities to 
 be issued upon exercise of 
       outstanding options, 
        warrants and rights 
                        (#) | Weighted-average exercise 
 price of outstanding      
 options, warrants and     
 rights                    
 ($)                       |          Number of securities 
       remaining available for 
         future issuance under 
           equity compensation 
              plans (excluding 
 securities reflected in first 
                       column) 
                           (#) |
| Equity compensation plans approved by securityholders – Deferred Unit Plan(1) |                  1,295,668 | N/A                       |                     1,548,588 |
| Equity compensation plans not approved by securityholders – Omnibus Plan(2)   |                  2,904,687 | N/A                       |                       121,468 |

Notes:

(1) The Deferred Unit Plan was adopted and approved by Unitholders on October 12, 2023. The maximum number of Deferred Units reserved for issuance under the Deferred Unit Plan at any time is 2,844,256. As of December 31, 2023, 1,295,668 Deferred Units have been granted to the Independent Trustees pursuant to the Deferred Unit Plan.

(2) The Omnibus Plan was adopted in connection with NHT’s initial public offering on March 29, 2019. On June 28, 2021, NHT issued an aggregate of 339,687 Deferred Units, in lieu of Trustee Fees earned since January 1, 2019, to the independent Trustees of NHT. Further