SEC Form 4 · accession 0000899243-19-004287

NexPoint Residential Trust, Inc. · NXRT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks

Period of report

Feb 15, 2019

Accepted (ET)

Feb 20, 2019 · 5:04 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 Stock^F1	Feb 15, 2019	M	24,474	—	A	38,047	D
Common Stock^F2	holding	—	—		—	16,986	I	By limited liability company
Common Stock^F3	holding	—	—		—	84,156	I	By Trust
Common Stock^F4	holding	—	—		—	404	I	By dividend reinvestment plan
Common Stock^F4,F5	holding	—	—		—	9,737	I	By 401(k) plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F6	—	Feb 15, 2019	M	24,474	D	—	—	Common Stock	24,474	73,425	D

F1Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
F2These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3These shares are held in a trust. Mr. McGraner is the trustee of the Trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4Includes shares acquired through dividend reinvestment plan.
F5Includes shares acquired through employee benefit plan.
F6On February 15, 2018, the reporting person was granted 97,899 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.

Executive VP and Chief Investment Officer