NexPoint Residential Trust, Inc. — Director's Dealing 2021

Feb 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NexPoint Residential Trust, Inc. (NXRT)
CIK: 0001620393
Period of Report: 2021-02-15

Reporting Person: McGraner Matt (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-15	Common Stock	M	24475	—	Acquired	106446	Direct
2021-02-15	Common Stock	F	7050	$42.54	Disposed	99396	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-15	Restricted Stock Units	$	M	24475	Disposed		Common Stock (24475)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12447.24	Indirect
Common Stock	16986	Indirect
Common Stock	108630	Indirect
Common Stock	411.63	Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2: Includes shares acquired through the issuer's employee benefit plan.

F3: These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F4: These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F5: On February 15, 2018, the reporting person was granted 97,899 restricted stock units which vested 25% on February 15, 2019, 25% on February 15, 2020 and 25% on February 15, 2021, and will vest 25% on February 15, 2022. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.