Transitions between different martensitic states have been observed in Ni0.50Mn0.284Ga0.216 using elastic constant measurements. In this paper, we develop a model to explain the reentrant behavior based on a Landau expansion of the free energy in strain space. Here, we assume that the coefficient of the third-order term as well as the second-order term has significant temperature dependence. This assumption results in a C′ versus temperature in good agreement with observation. The model and possible modifications to it are discussed and compared to the elastic constant data.