| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NXRT | Common Stock | Options Exercise | +8.81K | +2.47% | 366K | Feb 17, 2024 | Direct | F1 | ||
| transaction | NXRT | Common Stock | Options Exercise | +11.9K | +3.26% | 378K | Feb 18, 2024 | Direct | F1 | ||
| holding | NXRT | Common Stock | 1.92M | Feb 17, 2024 | By trust | F3 | |||||
| holding | NXRT | Common Stock | 153K | Feb 17, 2024 | By NexPoint Advisors, L.P. | F2, F4 | |||||
| holding | NXRT | Common Stock | 373K | Feb 17, 2024 | See Footnote | F2, F5 | |||||
| holding | NXRT | Common Stock | 13.2K | Feb 17, 2024 | See Footnote | F2, F6 | |||||
| holding | NXRT | Common Stock | 80.7K | Feb 17, 2024 | See Footnote | F2, F7 | |||||
| holding | NXRT | Common Stock | 35.2K | Feb 17, 2024 | By 401(k) | F2 |
| 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 | -8.81K | -25% | $0.00 | 26.4K | Feb 17, 2024 | Common Stock | 8.81K | Direct | F1, F8 | |
| transaction | NXRT | Restricted Stock Units | Options Exercise | $0 | -11.9K | -33.34% | $0.00 | 23.9K | Feb 18, 2024 | Common Stock | 11.9K | Direct | F1, F9 |
| 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 | These shares are held by a trust. Mr. Dondero disclaims beneficial ownership of such shares. |
| F4 | 36,822 shares are held by NexPoint Real Estate Strategies Fund, 92,806 shares are held by NexPoint Diversified Real Estate Trust and 23,409 shares are held by NexPoint Capital, Inc. These entities are managed by NexPoint Advisors, L.P. ("NP"). Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of shares held by NP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F5 | 194,932 shares are held by Highland Income Fund and 178,205 shares are held by Highland Global Allocation Fund. These entities are managed by NexPoint Asset Management, L.P., which is ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F6 | These shares are held through PCMG Trading Partners XXIII, L.P. ("PCMG"). The reporting person may be deemed to be an indirect beneficial owner of the shares held by PCMG. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F7 | These shares are held by a subsidiary of the trust referenced in footnote 3 to this Form 4. Mr. Dondero disclaims beneficial ownership of such shares. |
| F8 | On February 17, 2022, the reporting person was granted 44,051 restricted stock units which vested one-fifth on February 17, 2023, and one-fifth on February 17, 2024, and which will vest one-fifth on February 17, 2025, one-fifth on February 17, 2026 and one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |
| F9 | On February 18, 2021, the reporting person was awarded 59,703 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, and one-fifth on February 18, 2024, and which will vest one-fifth on February 18, 2025 and one-fifth on February 18, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |