James Dondero - Mar 28, 2023 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Signature
/s/ Brian Mitts as attorney-in-fact for James D. Dondero
Stock symbol
NXRT
Transactions as of
Mar 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/29/2023, 06:04 PM
Previous filing
Mar 29, 2023
Next filing
Apr 6, 2023

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 +82.5K $0.00 82.5K Mar 28, 2023 Common Stock 82.5K 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 82,530 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.