SEC Form 4 · accession 0000899243-18-022370
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
Aug 11, 2018
Accepted (ET)
Aug 14, 2018 · 7:19 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 | Aug 11, 2018 | M | 5,743 | — | A | 46,197 | I | By dividend reinvestment plan |
| Common StockF3 | holding | — | — | — | 1,704 | 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,F2 | — | Aug 11, 2018 | A | 5,743 | A | — | — | Common Stock | 5,743 | 5,743 | 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 vested 50% on August 11, 2017 and 25% on August 11, 2018 and will vest 25% on August 11, 2019. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- F3Includes shares acquired through employee benefit plan.