Dennis Charles Sauter Jr - Mar 13, 2024 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role: General Counsel
Signature: /s/ Brian Mitts, as attorney-in-fact for Dennis Charles Sauter Jr
Stock symbol: NXRT
Transactions as of: Mar 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/15/2024, 04:16 PM
Previous filing: Feb 23, 2024
Next filing: Mar 19, 2024

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	Award	$0	+12.4K		$0.00	12.4K	Mar 13, 2024	Common Stock	12.4K		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 March 13, 2024, the reporting person was granted 12,389 restricted stock units. The restricted stock units will vest one-fifth on March 13, 2025, one-fifth on March 13, 2026, one-fifth on March 13, 2027, one-fifth on March 13, 2028, and one-fifth on March 13, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Content

Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

On March 13, 2024, the reporting person was granted 12,389 restricted stock units. The restricted stock units will vest one-fifth on March 13, 2025, one-fifth on March 13, 2026, one-fifth on March 13, 2027, one-fifth on March 13, 2028, and one-fifth on March 13, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.