Matthew Goetz - Feb 15, 2022 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
SVP Investments & Asset Mngmt
Signature
/s/ Brian Mitts, as attorney-in-fact
Stock symbol
NXRT
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 05:27 PM
Previous filing
Jun 28, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +6.41K +8.25% 84.1K Feb 15, 2022 Direct F1
holding NXRT Common Stock 9.12K Feb 15, 2022 By 401(k) plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXRT Restricted Stock Units Options Exercise $0 -6.41K -100% $0.00* 0 Feb 15, 2022 Common Stock 6.41K Direct F1, F3
transaction NXRT Restricted Stock Units Award $0 +3.84K $0.00 3.84K Feb 17, 2022 Common Stock 3.84K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
F2 Includes shares acquired through the issuer's employee benefit plan.
F3 On February 15, 2018, the reporting person was granted 25,647 restricted stock units which vested 25% on February 15, 2019, 25% on February 15, 2020, 25% on February 15, 2021, and 25% on February 15, 2022. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F4 On February 17, 2022, the reporting person was granted 3,837 restricted stock units which vest 20% on February 17, 2023, 20% on February 17, 2024, 20% on February 17, 2025, 20% on February 17, 2026 and 20% on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.