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 |
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. |