SEC Form 4 · accession 0000899243-18-008031
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
Mar 16, 2018
Accepted (ET)
Mar 19, 2018 · 6:57 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,F2 | Mar 16, 2018 | M | 8,033 | — | A | 40,455 | I | By dividend reinvestment plan |
| Common StockF3 | holding | — | — | — | 1,700 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Mar 16, 2018 | M | 8,033 | D | — | — | Common Stock | 8,033 | 16,068 | 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 dividend reinvestment plan.
- F3Includes shares acquired through employee benefit plan.
- F4On March 16, 2017, the reporting person was granted 24,101 restricted stock units which vested one-third on March 16, 2018, and will vest one-third on March 16, 2019 and one-third on March 16, 2020.