James D. Dondero - 17 Feb 2023 Form 4 Insider Report for VINEBROOK HOMES TRUST, INC.

Role: Director
Signature: /s/ Brian Mitts, as attorney-in-fact for James Dondero
Issuer symbol: N/A
Transactions as of: 17 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 22 Feb 2023, 16:31:20 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		Common Stock	Options Exercise		+6,926	+14%		55,380	17 Feb 2023	Direct	F1

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		Restricted Stock Units	Options Exercise	$0	-6,926	-12%	$0.000000	48,486	17 Feb 2023	Common Stock	6,926		Direct	F1, F2

* 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 VineBrook Homes Trust, Inc. (the "Issuer").
F2	On February 17, 2022 the reporting person was granted 55,412 restricted stock units. The restricted stock units vested one-eighth on February 17, 2023 and will vest one-eighth on February 17, 2024, one-eighth on February 17, 2025 and one-eighth on February 17, 2026; the remaining half of the restricted stock units will vest upon the initial public offering of the Issuer. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Content

Each restricted stock unit represents a contingent right to receive one share of common stock of VineBrook Homes Trust, Inc. (the "Issuer").

On February 17, 2022 the reporting person was granted 55,412 restricted stock units. The restricted stock units vested one-eighth on February 17, 2023 and will vest one-eighth on February 17, 2024, one-eighth on February 17, 2025 and one-eighth on February 17, 2026; the remaining half of the restricted stock units will vest upon the initial public offering of the Issuer. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.