SEC Form 4 · accession 0000899243-18-004609
NexPoint Residential Trust, Inc. · NXRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Ellington
Officer — General Counsel and Secretary
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620393
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | — | Feb 15, 2018 | A | 30,059 | A | — | — | Common Stock | 30,059 | 30,059 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- F2The restricted stock units vest one-fourth on February 15, 2019, one-fourth on February 15, 2020, one-fourth on February 15, 2021, and one-fourth on February 15, 2022. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.