Brian Mitts - 11 May 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: 11 May 2022
Net transactions value: $0
Form type: 4
Filing time: 13 May 2022, 19:57:48 UTC
Previous filing: 10 May 2022
Next filing: 08 Jul 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		+1,010	+1.7%		60,311	11 May 2022	Direct	F1, F2
holding	NXRT	Common Stock						18,187	11 May 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	-1,010	-25%	$0.000000	3,030	11 May 2022	Common Stock	1,010		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	Includes shares acquired through the issuer's dividend reinvestment plan.
F3	On May 11, 2020, the reporting person was granted 5,050 restricted stock units which vested one-fifth on May 11, 2021 and one-fifth on May 11, 2022, and will vest one-fifth on May 11, 2023, one-fifth on May 11, 2024 and one-fifth on May 11, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.