SEC Form 4 · accession 0000899243-19-004199
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
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 12:10 pm EST
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 | Feb 15, 2019 | M | 6,411 | — | A | 40,141 | D | |
| Common StockF2,F3 | holding | — | — | — | 7,163 | 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 | — | Feb 15, 2019 | M | 6,411 | D | — | — | Common Stock | 6,411 | 19,236 | 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 February 15, 2018, the reporting person was granted 25,647 restricted stock units which vested 25% on February 15, 2019 and will vest 25% on February 15, 2020, 25% on February 15, 2021 and 25% 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.
Remarks
Senior VP-Investments and Asset Management