X0306 4 2017-02-15 0 0001622353 Jernigan Capital, Inc. JCAP 0001228922 DONDERO JAMES D 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 1 0 0 0 Common Stock 2017-02-15 4 A 0 41353 19.89 A 41353 I By NexPoint Advisors, L.P. Common Stock 256279 I By Highland Capital Management Fund The increase in the number of shares of common stock of the Issuer held is the result of a stock dividend applying equally to all shares of Series A Preferred Stock of the Issuer owned on the dividend record date. These shares are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of shares held by NP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. These shares are held by Highland Capital Management Fund Advisors, L.P. ("Highland") indirectly through advised accounts. Mr. Dondero is the President and the director of Strand Advisors XVI, Inc., Highland's general partner, and may be deemed to be an indirect beneficial owner of shares held by Highland. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. /s/ Scott Lesmes, as Attorney-in-Fact for James D. Dondero 2017-02-17