James Dondero - Mar 13, 2024 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Signature
/s/ Brian Mitts, as attorney-in-fact for James Dondero
Stock symbol
NXRT
Transactions as of
Mar 13, 2024
Transactions value $
$0
Form type
4
Date filed
3/15/2024, 04:19 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 +112K $0.00 112K Mar 13, 2024 Common Stock 112K 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 111,752 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.