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

Role
CFO, EVP Finance, Secy & Treas, Director
Signature
/s/ Brian Mitts
Issuer symbol
NXRT
Transactions as of
18 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Feb 2022, 19:44:57 UTC
Previous filing
25 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 +2,216 +4.1% 56,181 18 Feb 2022 Direct F1
transaction NXRT Common Stock Options Exercise +1,598 +2.8% 57,779 20 Feb 2022 Direct F1
transaction NXRT Common Stock Options Exercise +3,472 +6% 61,251 21 Feb 2022 Direct F1
holding NXRT Common Stock 18,187 18 Feb 2022 By 401(k) plan
holding NXRT Common Stock 150 18 Feb 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 -2,216 -20% $0.000000 8,862 18 Feb 2022 Common Stock 2,216 Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -1,598 -25% $0.000000 4,793 20 Feb 2022 Common Stock 1,598 Direct F1, F3
transaction NXRT Restricted Stock Units Options Exercise $0 -3,472 -33% $0.000000 6,944 21 Feb 2022 Common Stock 3,472 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.