Dennis Charles Sauter Jr. - 11 May 2023 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
General Counsel
Signature
/s/ Brian Mitts, as attorney-in-fact
Issuer symbol
NXRT
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 16:16:25 UTC
Previous filing
10 May 2023
Next filing
21 Feb 2024
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 +350 +4.5% 8,162 11 May 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 NXRT Restricted Stock Unit Options Exercise $0 -350 -33% $0.000000 700 11 May 2023 Common Stock 350 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 May 11, 2020, the reporting person was granted 1,752 restricted stock units which vested one-fifth on May 11, 2021, one-fifth on May 11, 2022 and one-fifth on May 11, 2023, and will vest one-fifth on May 11, 2024 and one-fifth on May 11, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.