Dennis Charles Sauter Jr. - 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, 19:43:53 UTC
Previous filing: 28 Jun 2021
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		+1,436	+112%		2,716	18 Feb 2022	Direct	F1
transaction	NXRT	Common Stock	Options Exercise		+505	+19%		3,221	20 Feb 2022	Direct	F1

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	+4,974		$0.000000	4,974	17 Feb 2022	Common Stock	4,974		Direct	F1, F2
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-1,436	-20%	$0.000000	5,744	18 Feb 2022	Common Stock	1,436		Direct	F1, F3
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-505	-25%	$0.000000	1,512	20 Feb 2022	Common Stock	505		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	On February 17, 2022, the reporting person was granted 4,974 restricted stock units, which will vest one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026 and one-fifth 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.
F3	On February 18, 2021, the reporting person was granted 7,180 restricted stock units, which vested one-fifth on February 18, 2022, and will vest one-fifth on February 18, 2023, one-fifth on February 18, 2024, one-fifth on February 18, 2025 and one-fifth on February 18, 2026. 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 20, 2020, the reporting person was awarded 2,522 restricted stock units, which vested one-fifth on February 20, 2021, one-fifth on February 20, 2022, and will vest one-fifth on February 20, 2023, one-fifth on February 20, 2024 and one-fifth on February 20, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.