Matthew Goetz - 17 Feb 2023 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
SVP Investments & Asset Mngmt
Signature
/s/ Brian Mitts, as attorney-in-fact
Issuer symbol
NXRT
Transactions as of
17 Feb 2023
Net transactions value
-$82,443
Form type
4
Filing time
22 Feb 2023, 15:42:21 UTC
Previous filing
11 Oct 2022
Next filing
23 Feb 2023
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 +768 +0.86% 90,442 17 Feb 2023 Direct F1
transaction NXRT Common Stock Tax liability $11,423 -235 -0.26% $48.61 90,207 17 Feb 2023 Direct
transaction NXRT Common Stock Options Exercise +1,026 +1.1% 91,233 18 Feb 2023 Direct F1
transaction NXRT Common Stock Tax liability $15,701 -323 -0.35% $48.61 90,910 18 Feb 2023 Direct
transaction NXRT Common Stock Options Exercise +841 +0.93% 91,751 20 Feb 2023 Direct F1
transaction NXRT Common Stock Tax liability $13,173 -271 -0.3% $48.61 91,480 20 Feb 2023 Direct
transaction NXRT Common Stock Options Exercise +3,136 +3.4% 94,616 21 Feb 2023 Direct F1
transaction NXRT Common Stock Tax liability $42,145 -867 -0.92% $48.61 93,749 21 Feb 2023 Direct
holding NXRT Common Stock 9,119 17 Feb 2023 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 -768 -20% $0.000000 3,069 17 Feb 2023 Common Stock 768 Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -1,026 -25% $0.000000 3,077 18 Feb 2023 Common Stock 1,026 Direct F1, F3
transaction NXRT Restricted Stock Units Options Exercise $0 -841 -33% $0.000000 1,682 20 Feb 2023 Common Stock 841 Direct F1, F4
transaction NXRT Restricted Stock Units Options Exercise $0 -3,136 -50% $0.000000 3,136 21 Feb 2023 Common Stock 3,136 Direct F1, F5
* 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 17, 2022, the reporting person was granted 3,837 restricted stock units which vested one-fifth on February 17, 2023, and which will vest one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026 and one-fifth on February 17, 2027. 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 18, 2021, the reporting person was granted 5,129 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, and which will vest 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.
F4 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, one-fifth on February 20, 2023, and which will vest 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.
F5 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, one-fifth on February 21, 2022, one-fifth on February 21, 2023 and which will vest 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