Scott F. Kavanaugh - Feb 17, 2022 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 17, 2022
Transactions value $
$0
Form type
4
Date filed
2/22/2022, 07:44 PM
Previous filing
Feb 17, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +2.56K +13.29% 21.9K Feb 18, 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 +1.6K $0.00 1.6K Feb 17, 2022 Common Stock 1.6K Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -2.56K -100% $0.00* 0 Feb 18, 2022 Common Stock 2.56K 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 On February 17, 2022, the reporting person was granted 1,599 restricted stock units, which will vest on 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.
F3 On February 18, 2021, the reporting person was granted 2,564 restricted stock units, which vested on 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.