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

Role: EVP, Chief Investment Officer
Signature: /s/ Brian Mitts, as attorney-in-fact
Issuer symbol: NXRT
Transactions as of: 18 Feb 2022
Net transactions value: -$1,396,975
Form type: 4
Filing time: 22 Feb 2022, 19:46:07 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		+15,183	+11%		150,814	18 Feb 2022	Direct	F1
transaction	NXRT	Common Stock	Tax liability	$514,225	-6,074	-4%	$84.66	144,740	18 Feb 2022	Direct
transaction	NXRT	Common Stock	Options Exercise		+12,446	+8.6%		157,186	20 Feb 2022	Direct	F1
transaction	NXRT	Common Stock	Tax liability	$427,787	-5,053	-3.2%	$84.66	152,133	20 Feb 2022	Direct
transaction	NXRT	Common Stock	Options Exercise		+13,067	+8.6%		165,200	21 Feb 2022	Direct	F1
transaction	NXRT	Common Stock	Tax liability	$454,963	-5,374	-3.3%	$84.66	159,826	21 Feb 2022	Direct
holding	NXRT	Common Stock						13,054	18 Feb 2022	By 401(k)plan
holding	NXRT	Common Stock						16,986	18 Feb 2022	By limited liability company	F2
holding	NXRT	Common Stock						108,630	18 Feb 2022	By Trust	F3
holding	NXRT	Common Stock						454	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	-15,183	-20%	$0.000000	60,728	18 Feb 2022	Common Stock	15,183		Direct	F1, F4
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-12,446	-25%	$0.000000	37,336	20 Feb 2022	Common Stock	12,446		Direct	F1, F5
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-13,067	-33%	$0.000000	26,134	21 Feb 2022	Common Stock	13,067		Direct	F1, F6

* 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	These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3	These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4	On February 18, 2021, the reporting person was granted 75,911 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.
F5	On February 20, 2020, the reporting person was granted 62,227 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
F6	On February 21, 2019, the reporting person was granted 65,333 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.