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

Role: CFO, EVP Finance, Secy & Treas, Director
Signature: /s/ Brian Mitts
Stock symbol: NXRT
Transactions as of: Feb 17, 2023
Transactions value $: -$126,435
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		+1.99K	+3.3%		62.3K	Feb 17, 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	-$29.6K	-609	-0.98%	$48.61	61.7K	Feb 17, 2023	Direct
transaction	NXRT	Common Stock	Options Exercise		+2.22K	+3.59%		63.9K	Feb 18, 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	-$30.7K	-631	-0.99%	$48.61	63.3K	Feb 18, 2023	Direct
transaction	NXRT	Common Stock	Options Exercise		+1.6K	+2.53%		64.9K	Feb 20, 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	-$20.6K	-423	-0.65%	$48.61	64.5K	Feb 20, 2023	Direct
transaction	NXRT	Common Stock	Options Exercise		+3.47K	+5.39%		67.9K	Feb 21, 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	-$45.6K	-938	-1.38%	$48.61	67K	Feb 21, 2023	Direct	F2
holding	NXRT	Common Stock						18.2K	Feb 17, 2023	By 401(k) plan

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	-1.99K	-20.01%	$0.00	7.96K	Feb 17, 2023	Common Stock	1.99K		Direct	F1, F3
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-2.22K	-25.01%	$0.00	6.65K	Feb 18, 2023	Common Stock	2.22K		Direct	F1, F4
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-1.6K	-33.34%	$0.00	3.2K	Feb 20, 2023	Common Stock	1.6K		Direct	F1, F5
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-3.47K	-50%	$0.00	3.47K	Feb 21, 2023	Common Stock	3.47K		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	Includes shares acquired under a dividend reinvestment plan.
F3	On February 17, 2022, the reporting person was granted 9,947 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 11,078 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 7,988 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 17,360 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.