SEC Form 4 · accession 0000899243-17-020387
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
Aug 11, 2017
Accepted (ET)
Aug 15, 2017 · 6:24 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 StockF1 | Aug 11, 2017 | M | 11,485 | — | A | 12,610 | D | |
| Common StockF2 | holding | — | — | — | 10,398 | I | By 401(k) plan | |
| Common StockF3 | holding | — | — | — | 816 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Aug 11, 2017 | M | 11,485 | D | — | — | Common Stock | 11,485 | 11,485 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- F2Includes shares acquired through employee benefit plan.
- F3Includes shares acquired through dividend reinvestment plan.
- F4On August 11, 2016, the reporting person was granted 22,970 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.
Remarks
Chief Financial Officer, Executive VP-Finance and Treasurer