Brian Mitts - Feb 18, 2022 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
CFO, EVP Finance, Secy & Treas, Director
Signature
/s/ Brian Mitts
Stock symbol
NXRT
Transactions as of
Feb 18, 2022
Transactions value $
$0
Form type
4
Date filed
2/22/2022, 07:44 PM
Previous filing
Feb 25, 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 +2.22K +4.11% 56.2K Feb 18, 2022 Direct F1
transaction NXRT Common Stock Options Exercise +1.6K +2.84% 57.8K Feb 20, 2022 Direct F1
transaction NXRT Common Stock Options Exercise +3.47K +6.01% 61.3K Feb 21, 2022 Direct F1
holding NXRT Common Stock 18.2K Feb 18, 2022 By 401(k) plan
holding NXRT Common Stock 150 Feb 18, 2022 By dividend reinvestment plan

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 -2.22K -20% $0.00 8.86K Feb 18, 2022 Common Stock 2.22K Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -1.6K -25% $0.00 4.79K Feb 20, 2022 Common Stock 1.6K Direct F1, F3
transaction NXRT Restricted Stock Units Options Exercise $0 -3.47K -33.33% $0.00 6.94K Feb 21, 2022 Common Stock 3.47K 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 18, 2021, the reporting person was granted 11,078 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.
F3 On February 20, 2020, the reporting person was granted 7,988 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.
F4 On February 21, 2019, the reporting person was granted 17,360 restricted stock units which vested one-fifth on February 21, 2020, one-fifth on February 21, 2021, one-fifth on February 21, 2022, and will vest one-fifth on February 21, 2023 and one-fifth on February 21, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.