Brian Mitts - 28 Mar 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
28 Mar 2023
Net transactions value
$0
Form type
4
Filing time
29 Mar 2023, 18:04:07 UTC
Previous filing
23 Feb 2023
Next filing
06 Apr 2023
SEC
View on sec.gov

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 Award $0 +18,652 $0.000000 18,652 28 Mar 2023 Common Stock 18,652 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 NexPoint Residential Trust, Inc.
F2 On March 28, 2023, the reporting person was granted 18,652 restricted stock units, which will vest one-fifth on March 28, 2024, one-fifth on March 28, 2025, one-fifth on March 28, 2026, one-fifth on March 28, 2027 and one-fifth on March 28, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.