SEC Form 4 · accession 0000899243-19-004649
NexPoint Residential Trust, Inc. · NXRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Mitts
Officer — See Remarks · Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 11:17 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620393
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Feb 21, 2019 | A | 17,360 | A | — | — | Common Stock | 17,360 | 17,360 | 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 vest one-fifth on February 21, 2020, one-fifth on February 21, 2021, one-fifth on February 21, 2022, one-fifth on February 21, 2023 and one-fifth on February 21, 2024. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
Remarks
Chief Financial Officer, Executive VP-Finance, Treasurer and Secretary