Dennis Charles Sauter Jr - Mar 28, 2024 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
General Counsel
Signature
/s/ Brian Mitts, as attorney-in-fact for Dennis Charles Sauter Jr
Stock symbol
NXRT
Transactions as of
Mar 28, 2024
Transactions value $
-$20,569
Form type
4
Date filed
4/1/2024, 07:22 PM
Previous filing
Mar 19, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +2.07K +20.52% 12.2K Mar 28, 2024 Direct F1
transaction NXRT Common Stock Tax liability -$20.6K -639 -5.25% $32.19 11.5K Mar 28, 2024 Direct

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 -2.07K -20% $0.00 8.29K Mar 28, 2024 Common Stock 2.07K Direct F1, F2
* 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 On March 28, 2023, the reporting person was granted 10,363 restricted stock units, which vested one-fifth on March 28, 2024, and will vest one-fifth on March 28, 2025, one-fifth on March 28, 2026, one-fifth on March 28, 2027 and one-fifth on March 28, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.