ARTHUR B. LAFFER - 17 Feb 2022 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role: Director
Signature: /s/ Brian Mitts, as attorney-in-fact
Issuer symbol: NXRT
Transactions as of: 17 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Feb 2022, 19:43:40 UTC
Previous filing: 17 Feb 2022
Next filing: 23 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		+2,564	+27%		12,142	18 Feb 2022	Direct	F1
holding	NXRT	Common Stock						29,603	17 Feb 2022	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	Award	$0	+1,599		$0.000000	1,599	17 Feb 2022	Common Stock	1,599		Direct	F1, F3
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-2,564	-100%	$0.000000^*	0	18 Feb 2022	Common Stock	2,564		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	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	The restricted stock units will vest February 17, 2023. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F4	On February 18, 2021, the reporting person was granted 2,564 restricted stock units, which vested February 18, 2022. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.