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

Role
Executive VP and Chief Investment Officer
Signature
/s/ Brian Mitts, as attorney-in-fact
Stock symbol
NXRT
Transactions as of
May 11, 2021
Transactions value $
-$170,430
Form type
4
Date filed
5/13/2021, 07:26 PM
Next filing
Jun 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +8.65K +7.56% 123K May 11, 2021 Direct F1
transaction NXRT Common Stock Tax liability -$170K -3.46K -2.81% $49.30 120K May 11, 2021 Direct
holding NXRT Common Stock 13.1K May 11, 2021 By 401(k) plan F2
holding NXRT Common Stock 17K May 11, 2021 By limited liability company F3
holding NXRT Common Stock 109K May 11, 2021 By Trust F4
holding NXRT Common Stock 412 May 11, 2021 By dividend reinvestment 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 -8.65K -20% $0.00 34.6K May 11, 2021 Common Stock 8.65K Direct F1, F5
* 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 These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 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.
F5 On May 11, 2020, the reporting person was granted 43,237 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:

Executive VP and Chief Investment Officer