SEC Form 4 · accession 0000899243-16-016233
NexPoint Residential Trust, Inc. · NXRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Goetz
Officer — See Remarks
Period of report
Mar 16, 2016
Accepted (ET)
Mar 17, 2016 · 5:47 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 | — | — | — | 4,895 | D | ||
| Common Stock | holding | — | — | — | 1,285 | I | By 401(k) 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 AwardF1 | — | Mar 16, 2016 | J | 2,956 | A | — | — | Common Stock | 2,956 | 2,956 | D |
Explanation of responses
- F1The Contingent Bonus Award is granted by Highland Capital Management, L.P. ("HCM") to the Reporting Person for service as an employee of HCM. 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 HCM is terminated.
Remarks
Senior VP-Investments and Asset Management