Matthew Goetz - 15 Feb 2022 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
SVP Investments & Asset Mngmt
Signature
/s/ Brian Mitts, as attorney-in-fact
Issuer symbol
NXRT
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 17:27:16 UTC
Previous filing
28 Jun 2021
Next filing
22 Feb 2022
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 +6,412 +8.3% 84,087 15 Feb 2022 Direct F1
holding NXRT Common Stock 9,119 15 Feb 2022 By 401(k) plan 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 -6,412 -100% $0.000000* 0 15 Feb 2022 Common Stock 6,412 Direct F1, F3
transaction NXRT Restricted Stock Units Award $0 +3,837 $0.000000 3,837 17 Feb 2022 Common Stock 3,837 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 On February 15, 2018, the reporting person was granted 25,647 restricted stock units which vested 25% on February 15, 2019, 25% on February 15, 2020, 25% on February 15, 2021, and 25% on February 15, 2022. 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 17, 2022, the reporting person was granted 3,837 restricted stock units which vest 20% on February 17, 2023, 20% on February 17, 2024, 20% on February 17, 2025, 20% on February 17, 2026 and 20% 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.