Dennis Charles Sauter Jr - Feb 20, 2024 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
General Counsel
Signature
/s/ Brian Mitts, as attorney-in-fact
Stock symbol
NXRT
Transactions as of
Feb 20, 2024
Transactions value $
-$5,263
Form type
4
Date filed
2/22/2024, 06:08 PM
Previous filing
Feb 21, 2024
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +504 +5.15% 10.3K Feb 20, 2024 Direct F1
transaction NXRT Common Stock Tax liability -$5.26K -180 -1.75% $29.24 10.1K Feb 20, 2024 Direct

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 -504 -50% $0.00 504 Feb 20, 2024 Common Stock 504 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 February 20, 2020, the reporting person was awarded 2,522 restricted stock units, which vested one-fifth on February 20, 2021, one-fifth on February 20, 2022, one-fifth on February 20, 2023, and one-fifth on February 20, 2024 and which will vest one-fifth on February 20, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.