Arthur B. Laffer - Mar 28, 2024 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
Director
Signature
/s/ Brian Mitts, as attorney-in-fact for Arthur Laffer
Stock symbol
NXRT
Transactions as of
Mar 28, 2024
Transactions value $
$0
Form type
4
Date filed
4/1/2024, 07:24 PM
Previous filing
Mar 26, 2024
Next filing
Apr 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +2.79K +20.33% 16.5K Mar 28, 2024 Direct F1
holding NXRT Common Stock 34.3K Mar 28, 2024 By limited liability company F3

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 Options Exercise $0 -2.79K -100% $0.00* 0 Mar 28, 2024 Common Stock 2.79K 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 28, 2023, the reporting person was granted 2,794 restricted stock units which vested on March 28, 2024. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F3 The reporting person holds these shares indirectly through a limited liability company in which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.