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

Role
Director
Signature
/s/ Brian Mitts, as attorney-in-fact for Arthur Laffer
Issuer symbol
NXRT
Transactions as of
28 Mar 2024
Net transactions value
$0
Form type
4
Filing time
01 Apr 2024, 19:24:44 UTC
Previous filing
26 Mar 2024
Next filing
04 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +2,794 +20% 16,535 28 Mar 2024 Direct F1
holding NXRT Common Stock 34,304 28 Mar 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 -2,794 -100% $0.000000* 0 28 Mar 2024 Common Stock 2,794 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.