Arthur B. Laffer - Feb 21, 2020 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role: Director
Signature: /s/ Brian Mitts, as attorney-in-fact
Stock symbol: NXRT
Transactions as of: Feb 21, 2020
Transactions value $: $250,079
Form type: 4
Date filed: 5/13/2021, 07:27 PM
Next filing: May 11, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXRT	Common Stock	Purchase	$250K	+4.89K		$51.12	4.89K	Feb 21, 2020	Direct
transaction	NXRT	Common Stock	Options Exercise		+1.92K	+25.09%		9.58K	May 11, 2021	Direct	F1
holding	NXRT	Common Stock						29.6K	Feb 21, 2020	By limited liability company	F2

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	-1.92K	-100%	$0.00^*	0	May 11, 2021	Common Stock	1.92K		Direct	F1, F3

* 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	The reporting person holds these shares indirectly through a limited liability company in which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3	On May 11, 2020, the reporting person was granted 1,921 restricted stock units which vested on May 11, 2021. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.