Form Type: 4

SEC EDGAR Link
Acccession Number:0000899243-19-021649
Date:2019-08-11
Issuer: NEXPOINT RESIDENTIAL TRUST, INC. (NXRT)
Original Submission Date:

Reporting Person:

DONDERO JAMES D
300 CRESCENT COURT, SUITE 700
DALLAS, TX 75201

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-08-11 M 12,762 a $0.00 106,285 direct
COMMON STOCK 0 $0.00 2,289,105 indirect
COMMON STOCK 0 $0.00 143,330 indirect
COMMON STOCK 0 $0.00 2,031,609 indirect
COMMON STOCK 0 $0.00 16,986 indirect
COMMON STOCK 0 $0.00 25,298 indirect
COMMON STOCK 0 $0.00 120,104 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2019-08-11 deemed execution date M 12,762 (d) common stock 12,762 $0.00 0 direct
Footnotes
IDfootnote
f1 each restricted stock unit represents a contingent right to receive one share of common stock of nexpoint residential trust, inc.
f2 these shares are held by highland capital management, l.p. ("hcmlp") both directly and indirectly through advised accounts. mr. dondero is the president and the director of strand advisors, inc., hcmlp's general partner, and may be deemed to be an indirect beneficial owner of shares held by hcmlp. mr. dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
f3 these shares are held by nexpoint advisors, l.p. ("np") indirectly through an advised account. mr. dondero is the sole member of np's general partner, and may be deemed to be an indirect beneficial owner of shares held by np. mr. dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
f4 these shares are held by a trust pursuant to an employee purchase plan. mr. dondero disclaims beneficial ownership of such shares.
f5 these shares are held by a limited liability company in which the trust referenced in footnote 4 to this form 4 owns a majority interest. mr. dondero disclaims beneficial ownership of such shares.
f6 includes shares acquired under the issuer's dividend reinvestment plan.
f7 these shares are held by highland capital management fund advisors, l.p. ("hcmfa") indirectly through an advised account. mr. dondero is the sole stockholder and director of strand advisors xvi, inc., hcmfa's general partner, and may be deemed to be an indirect beneficial owner of shares held by hcmfa. mr. dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
f8 on august 11, 2016, the reporting person was granted 51,046 restricted stock units which vested 50% on august 11, 2017, 25% on august 11, 2018 and 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.

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