SEC Form 4 · accession 0000899243-16-016232
NexPoint Residential Trust, Inc. · NXRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Mitts
Officer — See Remarks · Director
Period of report
Mar 16, 2016
Accepted (ET)
Mar 17, 2016 · 5:46 pm EDT
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 | holding | — | — | — | 1,125 | D | ||
| Common Stock | holding | — | — | — | 6,229 | I | By 401(k) plan | |
| Common StockF1 | holding | — | — | — | 808 | I | By dividend reinvestment plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Contingent Bonus AwardF2 | — | Mar 16, 2016 | J | 633 | A | — | — | Common Stock | 633 | 633 | D |
Explanation of responses
- F1Includes shares acquired through reinvestment of dividends.
- F2The Contingent Bonus Award is granted by Highland Capital Management Fund Advisors, L.P. ("HCMFA") to the Reporting Person for service as an employee of HCMFA. Each share of the Contingent Bonus Award is the economic equivalent of one share of Issuer common stock. The shares become payable, in cash or common stock, on May 31, 2019. These awards will terminate if the Reporting Person's employment with HCMFA is terminated.
Remarks
Chief Financial Officer, Executive VP-Finance and Treasurer