Brian Mitts - May 11, 2023 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
CFO, EVP Finance, Secy & Treas, Director
Signature
/s/ Brian Mitts
Stock symbol
NXRT
Transactions as of
May 11, 2023
Transactions value $
-$11,415
Form type
4
Date filed
5/15/2023, 04:16 PM
Previous filing
May 10, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +1.01K +1.51% 68K May 11, 2023 Direct F1
transaction NXRT Common Stock Tax liability -$11.4K -271 -0.4% $42.12 67.9K May 11, 2023 Direct F2
holding NXRT Common Stock 18.2K May 11, 2023 By 401(k) plan

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 Options Exercise $0 -1.01K -33.33% $0.00 2.02K May 11, 2023 Common Stock 1.01K Direct F1, F3
* 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 Includes shares acquired under a dividend reinvestment plan.
F3 On May 11, 2020, the reporting person was granted 5,050 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.