SEC Form 5 · accession 0000899243-16-013045
NexPoint Residential Trust, Inc. · NXRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
NexPoint Credit Strategies Fund
10% Owner
Period of report
Dec 31, 2015
Accepted (ET)
Feb 10, 2016 · 6:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620393
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 23, 2015 | J | 21,293,824 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the spin-off (the "Spin-Off") of NexPoint Residential Trust, Inc. (the "Company") by NexPoint Credit Strategies Fund ("NHF"), pursuant to the terms of Section 4 of the Separation and Distribution Agreement, dated March 11, 2015, between NHF and the Company (the "Agreement"), and an exemptive relief order granting exemption from Section 17(a) of the Investment Company Act of 1940, NHF effected the Distribution (as defined in the Agreement) on March 31, 2015. NHF distributed to each holder of record of shares of beneficial interest in NHF ("NHF Common Shares") as of March 23, 2015, the record date for the Distribution (the "Record Date"), all of the shares of common stock of the Company by means of a pro rata distribution of one share of common stock of the Company for every three NHF Common Shares held of record by such holder as of the Record Date.