Paul Richards - Jan 1, 2025 Form 3 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
Officer
Signature
/s/ Paul Richards
Stock symbol
NXRT
Transactions as of
Jan 1, 2025
Transactions value $
$0
Form type
3
Date filed
1/8/2025, 04:17 PM
Previous filing
Aug 29, 2024
Next filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NXRT Common Stock 10.6K Jan 1, 2025 Direct
holding NXRT Common Stock 3.79K Jan 1, 2025 By 401(k) plan.

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
holding NXRT Restricted Stock Units Jan 1, 2025 Common Stock 587 Direct F1, F2
holding NXRT Restricted Stock Units Jan 1, 2025 Common Stock 367 Direct F2, F3
holding NXRT Restricted Stock Units Jan 1, 2025 Common Stock 1.39K Direct F2, F4
holding NXRT Restricted Stock Units Jan 1, 2025 Common Stock 1.36K Direct F2, F5
holding NXRT Restricted Stock Units Jan 1, 2025 Common Stock 3.79K Direct F2, F6
holding NXRT Restricted Stock Units Jan 1, 2025 Common Stock 7.08K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 20, 2020, the reporting person was granted 2,943 restricted stock units. The restricted stock units vested one-fifth on February 20, 2021, one-fifth on February 20, 2022, one-fifth on February 20, 2023 and one-fifth on February 20, 2024 and will vest one-fifth on February 20, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
F3 On May 11, 2020, the reporting person was granted 1,843 restricted stock units. The restricted stock units vested one-fifth on May 11, 2021, one-fifth on May 11, 2022, one-fifth on May 11, 2023, one-fifth on May 11, 2024 and will vest one-fifth on May 11, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F4 On February 18, 2021, the reporting person was granted 3,468 restricted stock units. The restricted stock units vested one-fifth on February 18, 2022, one-fifth on February 18, 2023 and one-fifth on February 18, 2024 and will vest one-fifth on February 18, 2025 and one-fifth on February 15, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F5 On February 17, 2022, the reporting person was granted 2,274 restricted stock units. The restricted stock units vested one-fifth on February 17, 2023 and one-fifth on February 17, 2024 and will vest one-fifth on February 17, 2025, one-fifth on February 17, 2026 and one-fifth on February 21, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F6 On March 28, 2023, the reporting person was granted 4,738 restricted stock units. The restricted stock units vested one-fifth on March 28, 2024 and will vest one-fifth on March 28, 2025, one-fifth on March 28, 2026, one-fifth on March 28, 2027 and one-fifth on March 28, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F7 On March 13, 2024, the reporting person was granted 7,080 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.

Remarks:

Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary Exhibit List: Exhibit 24 – Power of Attorney