Arthur B. Laffer - Feb 17, 2023 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
Director
Signature
/s/ Brian Mitts, as attorney-in-fact
Stock symbol
NXRT
Transactions as of
Feb 17, 2023
Transactions value $
$0
Form type
4
Date filed
2/22/2023, 03:40 PM
Previous filing
Jan 3, 2023
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +1.6K +13.17% 13.7K Feb 17, 2023 Direct F1
holding NXRT Common Stock 34.3K Feb 17, 2023 By limited liability company F2

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 -1.6K -100% $0.00* 0 Feb 17, 2023 Common Stock 1.6K 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 The reporting person holds these shares indirectly through a limited liability company in which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 On February 17, 2022, the reporting person was granted 1,599 restricted stock units, which vested on February 17, 2023. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.