EX-1 2 appendixa.htm APPENDIX A ex_803884.htm

Exhibit 1

 

Appendix A

 

TRANSACTIONS

 

The following table sets forth all transactions with respect to the Common Stock effected in the last sixty (60) days by the Reporting Persons or on behalf of the Reporting Persons in respect of the shares of Common Stock other than shares of Common Stock acquired under a DRIP and in connection with dividend reinvestments in the Issuer, which are described in Item 5(c). The transactions in the Common Stock were effected in the open market, except as otherwise noted.

 

 

Date

Effected By

Quantity

Price Per Share

03/18/2025

The Dugaboy Investment Trust

73,125

(1)

04/04/2025

The Dugaboy Investment Trust

46,914

(1)

04/08/2025

The Dugaboy Investment Trust

100,000

$4.08

04/17/2025

The Dugaboy Investment Trust

354,133

(2)

04/17/2025

Governance Re Ltd.

70,159

(3)

04/17/2025

NexPoint Asset Management, L.P.

14,958

(4)

04/17/2025

NexPoint Real Estate Advisors, L.P.

5,920

(5)

 

 

1.

Includes shares issued upon the vesting of restricted share units.

 

2.

Pursuant to the Merger, The Dugaboy Investment Trust could elect to receive either US$0.36 cash or one (1) common share of NHT Hospitality, Inc., which was subsequently converted into a number of shares of Common Stock equal to the quotient of US$0.36 divided by the volume weighted average price of the NXDT Common Shares quoted on the New York Stock Exchange for the ten (10) trading days prior to Merger’s closing equaling $3.7228.

 

3.

Pursuant to the Merger, Governance Re Ltd. could elect to receive either US$0.36 cash or one (1) common share of NHT Hospitality, Inc., which was subsequently converted into a number of shares of Common Stock equal to the quotient of US$0.36 divided by the volume weighted average price of the NXDT Common Shares quoted on the New York Stock Exchange for the ten (10) trading days prior to Merger’s closing equaling $3.7228.

 

4.

Pursuant to the Merger, NexPoint Asset Management, L.P. could elect to receive either US$0.36 cash or one (1) common share of NHT Hospitality, Inc., which was subsequently converted into a number of shares of Common Stock equal to the quotient of US$0.36 divided by the volume weighted average price of the NXDT Common Shares quoted on the New York Stock Exchange for the ten (10) trading days prior to Merger’s closing equaling $3.7228.

 

5.

Pursuant to the Merger, NexPoint Real Estate Advisors, L.P. could elect to receive either US$0.36 cash or one (1) common share of NHT Hospitality, Inc., which was subsequently converted into a number of shares of Common Stock equal to the quotient of US$0.36 divided by the volume weighted average price of the NXDT Common Shares quoted on the New York Stock Exchange for the ten (10) trading days prior to Merger’s closing equaling $3.7228.