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 |
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. |