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NexPoint Residential Trust, Inc. — Director's Dealing 2024
Feb 23, 2024
31848_dirs_2024-02-22_527dfcb0-368c-4011-a773-5652a9a7ee06.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NexPoint Residential Trust, Inc. (NXRT)
CIK: 0001620393
Period of Report: 2024-02-20
Reporting Person: McGraner Matt (EVP, Chief Investment Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-20 | Common Stock | M | 12445 | — | Acquired | 231301 | Direct |
| 2024-02-20 | Common Stock | F | 5105 | $29.24 | Disposed | 226196 | Direct |
| 2024-02-21 | Common Stock | M | 13067 | — | Acquired | 239263 | Direct |
| 2024-02-21 | Common Stock | F | 6399 | $29.05 | Disposed | 232864 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-20 | Restricted Stock Units | $ | M | 12445 | Disposed | Common Stock (12445) | Direct | |
| 2024-02-21 | Restricted Stock Units | $ | M | 13067 | Disposed | Common Stock (13067) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 13053.94 | Indirect |
| Common Stock | 16986 | Indirect |
| Common Stock | 108630.25 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
F2: 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.
F3: 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.
F4: On February 20, 2020, the reporting person was granted 62,227 restricted stock units which 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 which 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.
F5: On February 21, 2019, the reporting person was granted 65,333 restricted stock units which vested one-fifth on February 21, 2020, one-fifth on February 21, 2021, one-fifth on February 21, 2022, one-fifth on February 21, 2023 and one-fifth on February 21, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.