Matt McGraner - Feb 17, 2023 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
EVP, Chief Investment Officer
Signature
/s/ Brian Mitts, as attorney-in-fact
Stock symbol
NXRT
Transactions as of
Feb 17, 2023
Transactions value $
-$876,536
Form type
4
Date filed
2/22/2023, 03:42 PM
Previous filing
Feb 17, 2023
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +8.81K +5.33% 174K Feb 17, 2023 Direct F1
transaction NXRT Common Stock Tax liability -$116K -2.38K -1.37% $48.61 172K Feb 17, 2023 Direct
transaction NXRT Common Stock Options Exercise +15.2K +8.84% 187K Feb 18, 2023 Direct F1
transaction NXRT Common Stock Tax liability -$224K -4.62K -2.47% $48.61 182K Feb 18, 2023 Direct
transaction NXRT Common Stock Options Exercise +12.4K +6.82% 195K Feb 20, 2023 Direct F1
transaction NXRT Common Stock Tax liability -$259K -5.33K -2.73% $48.61 190K Feb 20, 2023 Direct
transaction NXRT Common Stock Options Exercise +13.1K +6.89% 203K Feb 21, 2023 Direct F1
transaction NXRT Common Stock Tax liability -$277K -5.71K -2.82% $48.61 197K Feb 21, 2023 Direct
holding NXRT Common Stock 13.1K Feb 17, 2023 By 401(k) plan
holding NXRT Common Stock 17K Feb 17, 2023 By limited liability company F2
holding NXRT Common Stock 109K Feb 17, 2023 By Trust F3

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 -8.81K -20% $0.00 35.2K Feb 17, 2023 Common Stock 8.81K Direct F1, F3
transaction NXRT Restricted Stock Units Options Exercise $0 -15.2K -25% $0.00 45.5K Feb 18, 2023 Common Stock 15.2K Direct F1, F4
transaction NXRT Restricted Stock Units Options Exercise $0 -12.4K -33.33% $0.00 24.9K Feb 20, 2023 Common Stock 12.4K Direct F1, F5
transaction NXRT Restricted Stock Units Options Exercise $0 -13.1K -50% $0.00 13.1K Feb 21, 2023 Common Stock 13.1K Direct F1, F6
* 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 These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 On February 17, 2022, the reporting person was granted 44,051 restricted stock units which vested one-fifth on February 17, 2023, and which will vest one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026 and one-fifth 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.
F4 On February 18, 2021, the reporting person was granted 75,911 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, and which will vest one-fifth on February 18, 2024, one-fifth on February 18, 2025 and one-fifth on February 18, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F5 On February 20, 2020, the reporting person was granted 62,227 restricted stock units which vested one-fifth on February 20, 2021, one-fifth on February 20, 2022, one-fifth on February 20, 2023, and which will vest one-fifth on February 20, 2024 and one-fifth on February 20, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash
F6 On February 21, 2019, the reporting person was granted 65,333 restricted stock units which vested one-fifth on February 21, 2020, one-fifth on February 21, 2021, one-fifth on February 21, 2022, one-fifth on February 21, 2023 and which will vest one-fifth on February 21, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.