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

Signature
/s/ Brian Mitts, as attorney-in-fact
Issuer symbol
NXRT
Transactions as of
18 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Feb 2022, 19:45:26 UTC
Previous filing
17 Feb 2022
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +1,026 +1.2% 85,113 18 Feb 2022 Direct F1
transaction NXRT Common Stock Options Exercise +841 +0.99% 85,954 20 Feb 2022 Direct F1
transaction NXRT Common Stock Options Exercise +3,136 +3.6% 89,090 21 Feb 2022 Direct F1
holding NXRT Common Stock 9,119 18 Feb 2022 By 401(k) 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 -1,026 -20% $0.000000 4,103 18 Feb 2022 Common Stock 1,026 Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -841 -25% $0.000000 2,523 20 Feb 2022 Common Stock 841 Direct F1, F3
transaction NXRT Restricted Stock Units Options Exercise $0 -3,136 -33% $0.000000 6,272 21 Feb 2022 Common Stock 3,136 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 5,129 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 4,204 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 15,680 restricted stock units which vested one-fifth on February 21, 2020, one-fifth on February 21, 2021, and 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