Brian Mitts - 17 Feb 2023 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: 17 Feb 2023
Net transactions value: -$126,435
Form type: 4
Filing time: 22 Feb 2023, 15:42:59 UTC
Previous filing: 17 Feb 2023
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		+1,990	+3.3%		62,301	17 Feb 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	$29,603	-609	-0.98%	$48.61	61,692	17 Feb 2023	Direct
transaction	NXRT	Common Stock	Options Exercise		+2,216	+3.6%		63,908	18 Feb 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	$30,673	-631	-0.99%	$48.61	63,277	18 Feb 2023	Direct
transaction	NXRT	Common Stock	Options Exercise		+1,598	+2.5%		64,875	20 Feb 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	$20,562	-423	-0.65%	$48.61	64,452	20 Feb 2023	Direct
transaction	NXRT	Common Stock	Options Exercise		+3,472	+5.4%		67,924	21 Feb 2023	Direct	F1
transaction	NXRT	Common Stock	Tax liability	$45,596	-938	-1.4%	$48.61	66,990	21 Feb 2023	Direct	F2
holding	NXRT	Common Stock						18,187	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	-1,990	-20%	$0.000000	7,957	17 Feb 2023	Common Stock	1,990		Direct	F1, F3
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-2,216	-25%	$0.000000	6,646	18 Feb 2023	Common Stock	2,216		Direct	F1, F4
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-1,598	-33%	$0.000000	3,195	20 Feb 2023	Common Stock	1,598		Direct	F1, F5
transaction	NXRT	Restricted Stock Units	Options Exercise	$0	-3,472	-50%	$0.000000	3,472	21 Feb 2023	Common Stock	3,472		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	Includes shares acquired under a dividend reinvestment plan.
F3	On February 17, 2022, the reporting person was granted 9,947 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.
F4	On February 18, 2021, the reporting person was granted 11,078 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.
F5	On February 20, 2020, the reporting person was granted 7,988 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.
F6	On February 21, 2019, the reporting person was granted 17,360 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.