Filing Details

Accession Number:
0000899243-20-010403
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-04-07 16:16:12
Reporting Period:
2020-04-03
Accepted Time:
2020-04-07 16:16:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1620393 Nexpoint Residential Trust Inc. NXRT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1228922 D James Dondero 300 Crescent Court, Suite 700
Dallas TX 75201
President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-04-03 94,500 $21.81 329,533 No 4 P Indirect By Highland Capital Management Fund Advisors, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Highland Capital Management Fund Advisors, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 149,453 Direct
Common Stock 1,842,008 Indirect By trust
Common Stock 139,803 Indirect By NexPoint Advisors, L.P.
Common Stock 26,480 Indirect By employee benefit plan
Common Stock 16,986 Indirect By limited liability company
Footnotes
  1. The Reporting Person's purchase of NexPoint Residential Trust, Inc. common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person has disgorged $1,092.15 to NexPoint Residential Trust, Inc., representing the full amount of his pecuniary interest in the deemed profit realized in connection with the short-swing transaction, less transaction costs.
  2. These shares are held by Highland Capital Management Fund Advisors, L.P. ("HCMFA") indirectly through advised accounts. 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.
  3. These shares are held by a trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares.
  4. These shares are held by NexPoint Advisors, L.P. ("NP") indirectly through advised accounts. 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.
  5. These shares are held by a limited liability company in which the trust referenced in footnote 3 to this Form 4 owns a majority interest. Mr. Dondero disclaims beneficial ownership of such shares.