NexPoint Residential Trust, Inc. 4
4 · NexPoint Residential Trust, Inc. · Filed Aug 12, 2016
Insider Transaction Report
Form 4
Ellington Scott
General Counsel and Secretary
Transactions
- Award
Restricted Stock Units
2016-08-11+22,970→ 22,970 total→ Common Stock (22,970 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- [F2]The restricted stock units vest 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.