Brian Mitts - 11 May 2021 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, Director
Signature
/s/ Brian Mitts
Issuer symbol
NXRT
Transactions as of
11 May 2021
Net transactions value
-$12,424
Form type
4
Filing time
13 May 2021, 19:25:36 UTC
Next filing
18 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +1,010 +1.7% 59,025 11 May 2021 Direct F1
transaction NXRT Common Stock Tax liability $12,424 -252 -0.43% $49.30 58,773 11 May 2021 Direct
holding NXRT Common Stock 18,187 11 May 2021 By 401(k) plan F2
holding NXRT Common Stock 963 11 May 2021 By dividend reinvestment plan 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 -1,010 -20% $0.000000 4,040 11 May 2021 Common Stock 1,010 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 Includes shares acquired through the issuer's dividend reinvestment plan.
F4 On May 11, 2020, the reporting person was granted 5,050 restricted stock units which vested one-fifth on May 11, 2021, and will vest one-fifth on May 11, 2022, one-fifth on May 11, 2023, one-fifth on May 11, 2024 and one-fifth on May 11, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer