X0306 4 2016-03-16 0 0001620393 NexPoint Residential Trust, Inc. NXRT 0001228922 DONDERO JAMES D 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 1 1 1 0 President 0001167365 HIGHLAND CAPITAL MANAGEMENT LP 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 0 1 0 Common Stock 2016-03-16 4 P 0 31399.39 12.7391 A 1769567.31 I By trust Common Stock 4853.94 D Common Stock 1593900.44 I By Highland Capital Management, L.P. Common Stock 7500 I By limited liability company Common Stock 18470.24 I By employee benefit plan Common Stock 48200.99 I By trust These shares are held by a trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares. Includes shares acquired through reinvestment of dividends. 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. These shares are held by a limited liability company in which the trust referenced in footnote 1 to this Form 4 owns a majority interest. Mr. Dondero disclaims beneficial ownership of such shares. Includes shares acquired through employee benefit plan. /s/ James D. Dondero 2016-03-18 /s/ James D. Dondero, President 2016-03-18