SEC Form 4 · accession 0000899243-18-022374
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
Aug 11, 2018
Accepted (ET)
Aug 14, 2018 · 7:21 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, 2018 | M | 6,381 | — | A | 33,487 | D | |
| Common StockF3 | holding | — | — | — | 6,182 | 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 | M | 6,381 | D | — | — | Common Stock | 6,381 | 6,381 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- F2On August 11, 2016, the reporting person was granted 25,523 restricted stock units which 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.
Remarks
Senior VP-Investments and Asset Management