NXRT

SEC source: 0000899243-17-020376 · doc4.xml · nonDerivative · entry 2

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 1,806,822.8

F2 · kind: There were no matchable transactions during the previous six months at a purchase price below the sales price. Therefore, no disgorgement was necessary.

F3 · balance_after: 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.

SEC source: 0000899243-17-020376 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,725.02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

SEC source: 0000899243-17-020381 · doc4.xml · derivative · entry 2

KAVANAUGH SCOTT F · CIK 0001218975 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,573 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: On August 11, 2016, the reporting person was granted 3,573 restricted stock units which vested on August 11, 2017.

F2 · derivative.expiration_date: On August 11, 2016, the reporting person was granted 3,573 restricted stock units which vested on August 11, 2017.

SEC source: 0000899243-17-020381 · doc4.xml · nonDerivative · entry 1

KAVANAUGH SCOTT F · CIK 0001218975 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,573

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

SEC source: 0000899243-17-020387 · doc4.xml · derivative · entry 4

Mitts Brian · CIK 0001514845 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,485

Underlying: Common Stock · 11,485 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F4 · derivative.exercise_date: On August 11, 2016, the reporting person was granted 22,970 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

F4 · derivative.expiration_date: On August 11, 2016, the reporting person was granted 22,970 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

SEC source: 0000899243-17-020387 · doc4.xml · nonDerivative · entry 1

Mitts Brian · CIK 0001514845 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,610

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

SEC source: 0000899243-17-020378 · doc4.xml · derivative · entry 3

Goetz Matthew · CIK 0001636204 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,762

Underlying: Common Stock · 12,761 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F3 · derivative.exercise_date: On August 11, 2016, the reporting person was granted 25,523 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

F3 · derivative.expiration_date: On August 11, 2016, the reporting person was granted 25,523 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

SEC source: 0000899243-17-020378 · doc4.xml · nonDerivative · entry 1

Goetz Matthew · CIK 0001636204 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,196

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

SEC source: 0000899243-17-020372 · doc4.xml · derivative · entry 4

Ellington Scott · CIK 0001636205 · General Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,485

Underlying: Common Stock · 11,485 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F4 · derivative.exercise_date: On August 11, 2016, the reporting person was granted 22,970 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

F4 · derivative.expiration_date: On August 11, 2016, the reporting person was granted 22,970 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

SEC source: 0000899243-17-020372 · doc4.xml · nonDerivative · entry 1

Ellington Scott · CIK 0001636205 · General Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,485

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

SEC source: 0000899243-17-020371 · doc4.xml · derivative · entry 6

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,285

Underlying: Common Stock · 38,284 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F6 · derivative.exercise_date: On August 11, 2016, the reporting person was granted 76,569 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

F6 · derivative.expiration_date: On August 11, 2016, the reporting person was granted 76,569 restricted stock units which vested 50% on August 11, 2017, and will vest 25% on August 11, 2018 and 25% on August 11, 2019.

SEC source: 0000899243-17-020371 · doc4.xml · nonDerivative · entry 1

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 38,284

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · balance_after: These shares are held in a trust. Mr. McGraner is the trustee of the Trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-17-019913 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management Fund Advisors, L.P.

Disclosed balance after: 54,500

F1 · balance_after: 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.

SEC source: 0000899243-17-019818 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management Fund Advisors, L.P.

Disclosed balance after: 41,900

F1 · price: The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $24.1167 to $24.4310, inclusive. The reporting person undertakes to provide to the company, any security holder of the company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F2 · price: 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.

SEC source: 0000899243-17-016385 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 2,082,895.34

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days of the month.

F2 · balance_after: 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 · balance_after: Includes shares acquired through reinvestment of dividends.

SEC source: 0000899243-17-014137 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 2,061,435.61

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days of the month.

F2 · balance_after: 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 · balance_after: Includes shares acquired through reinvestment of dividends.

SEC source: 0000899243-17-010344 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 2,038,778.88

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days of the month.

F2 · balance_after: 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 · balance_after: Includes shares acquired through reinvestment of dividends.

SEC source: 0000899243-17-007968 · doc4.xml · derivative · entry 1

LAFFER ARTHUR B · CIK 0001090307 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,739

Underlying: Common Stock · 3,739 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest on March 16, 2018. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest on March 16, 2018. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-007980 · doc4.xml · derivative · entry 1

Constantino Edward N. · CIK 0001498322 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,739

Underlying: Common Stock · 3,739 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest on March 16, 2018. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest on March 16, 2018. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-007976 · doc4.xml · derivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,461

Underlying: Common Stock · 53,461 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-007978 · doc4.xml · derivative · entry 1

KAVANAUGH SCOTT F · CIK 0001218975 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,739

Underlying: Common Stock · 3,739 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest on March 16, 2018. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest on March 16, 2018. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-007970 · doc4.xml · derivative · entry 1

Mitts Brian · CIK 0001514845 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,101

Underlying: Common Stock · 24,101 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-007975 · doc4.xml · derivative · entry 1

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,192

Underlying: Common Stock · 80,192 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-007973 · doc4.xml · derivative · entry 1

Ellington Scott · CIK 0001636205 · General Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,101

Underlying: Common Stock · 24,101 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-007972 · doc4.xml · derivative · entry 1

Goetz Matthew · CIK 0001636204 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,730

Underlying: Common Stock · 26,730 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

F2 · derivative.exercise_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: The restricted stock units vest one-third on March 16, 2018, one-third on March 16, 2019 and one-third on March 16, 2020. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0000899243-17-004812 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 1,989,503.54

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan with all purchases funded and instructions given on or about February 1, 2017. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over approximately the first few weeks after initial funding date.

F2 · balance_after: 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.

SEC source: 0000899243-17-001890 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 1,966,006.69

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan with all purchases funded and instructions given on or about January 1, 2017. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days after initial funding date.

F2 · balance_after: 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.

SEC source: 0000899243-16-035642 · doc4.xml · nonDerivative · entry 2

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By trust

Disclosed balance after: 0

F3 · shares: The transaction reported in this Form 4 was a bona fide gift to a charity, which is exempt as a matchable transaction for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

SEC source: 0000899243-16-035642 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 1,926,587.86

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan with all purchases funded and instructions given on or about December 1, 2016. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first two to three weeks after initial funding date.

F2 · balance_after: 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.

SEC source: 0000899243-16-034327 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 1,873,560.23

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan with all purchases funded and instructions given on or about November 1, 2016. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days after initial funding date.

F2 · balance_after: 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 · balance_after: Includes shares acquired through reinvestment of dividends.

SEC source: 0000899243-16-033383 · doc4.xml · nonDerivative · entry 2

Mitts Brian · CIK 0001514845 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,125

F1 · kind: The Reporting Person's purchase and sale of NexPoint Residential Trust, Inc. ("NXRT") common stock reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person has disgorged $266.90 to NXRT, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.

SEC source: 0000899243-16-033383 · doc4.xml · nonDerivative · entry 1

Mitts Brian · CIK 0001514845 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,325

SEC source: 0000899243-16-032233 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 1,816,969.7468

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan with all purchases funded and instructions given on or about October 1, 2016. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days after initial funding date.

F2 · balance_after: 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.

SEC source: 0000899243-16-031239 · doc4.xml · nonDerivative · entry 1

Goetz Matthew · CIK 0001636204 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,435

SEC source: 0000899243-16-031238 · doc4.xml · nonDerivative · entry 1

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,573

SEC source: 0000899243-16-029032 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Highland Capital Management, L.P.

Disclosed balance after: 1,754,787.9575

F1 · shares: Shares acquired in connection with issuer's dividend reinvestment plan with all purchases funded and instructions given on or about September 1, 2016. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days after initial funding date.

F2 · balance_after: 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 · balance_after: Includes shares acquired through reinvestment of dividends.

SEC source: 0000899243-16-028879 · doc4.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · President · 10% owner

HIGHLAND CAPITAL MANAGEMENT LP · CIK 0001167365 · 10% owner

NexPoint Advisors, L.P. · CIK 0001617621 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By NexPoint Advisors, L.P.

Disclosed balance after: 15,400

F1 · balance_after: 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.

SEC source: 0000899243-17-001889 · doc5.xml · nonDerivative · entry 1

Constantino Edward N. · CIK 0001498322 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,420