SEC Form 4 · accession 0001209191-15-029390
NexPoint Residential Trust, Inc. · NXRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt McGraner
Officer — See Remaks
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 9:25 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 Stock | Mar 23, 2015 | J | 708 | $0.00 | A | 708 | D | |
| Common Stock | Mar 23, 2015 | J | 343 | $0.00 | A | 343 | I | By dividend reinvestment plan |
| Common Stock | Mar 23, 2015 | J | 795 | $0.00 | A | 795 | I | By 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting Person will acquire the shares as a result of the spin-off of Issuer from NexPoint Credit Strategies Fund ("NHF") that will be completed on March 31, 2015 (the "Spin-Off"). The record date for the Spin-Off was March 23, 2015. For every three shares of NHF that the Reporting Person owned as of the record date, the Reporting Person will receive one share of the Issuer.
Remarks
Executive VP and Chief Investment Officer