X0306 4 2019-05-15 0 0001622353 Jernigan Capital, Inc. JCAP 0001228922 DONDERO JAMES D 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 1 0 0 0 Common Stock 2019-05-15 4 S 0 14948 21.11 D 519316 I By NexPoint Advisors, L.P. Common Stock 2019-05-16 4 S 0 73889 21.08 D 445427 I By NexPoint Advisors, L.P. Common Stock 238611 I By Highland Capital Management Fund Advisors, L.P. 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. The sales reported herein were made by NexPoint Strategic Opportunities Fund, an investment company registered under the Investment Company Act of 1940. The sales of Jernigan Capital, Inc. ("JCAP") common stock reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person disgorged $25.92 to JCAP, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs. 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/ James D. Dondero 2019-05-17