X0306 4 2021-06-15 0 0001710680 HIGHLAND INCOME FUND\MA HFRO 0001617176 NORRIS DUSTIN DAVID 2515 MCKINNEY AVENUE, SUITE 1100 DALLAS TX 75201 0 1 0 0 Executive Vice President Contingent Bonus Award 2021-06-15 4 J 0 27322.404 0.00 A Common Stock 27322.404 27322.404 D The Contingent Bonus Award is granted by NexPoint Advisors, L.P. ("NexPoint") to the Reporting Person for service as an employee of NexPoint. Each share of the Contingent Bonus Award is the economic equivalent of one share of Issuer common stock. The shares become payable, in cash or common stock, on May 31, 2024. These awards will terminate if the Reporting Person's employment with NexPoint is terminated. /s/ Dustin Norris 2021-06-17