X0306 4 2018-07-20 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 0001469877 HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 0 1 0 0001617621 NexPoint Advisors, L.P. 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 0 1 0 Common Stock 2018-07-20 5 J 0 E 24002.66 28.3684 A 2493210.58 I By Highland Capital Management, L.P. Common Stock 21231 I By NexPoint Advisors, L.P. Common Stock 49667.07 D Common Stock 1718960.02 I By trust Common Stock 7500 I By limited liability company Common Stock 22989.37 I By employee benefit plan Common Stock 56551 I By Highland Capital Management Fund Advisors, L.P. 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. 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. Includes shares acquired through reinvestment of dividends. 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. These shares are held by a trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares. These shares are held by a limited liability company in which the trust referenced in footnote 5 to this Form 4 owns a majority interest. Mr. Dondero disclaims beneficial ownership of such shares. 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. /s/ James D. Dondero 2018-07-24 /s/ James D. Dondero, President 2018-07-24 /s/ James D. Dondero, President 2018-07-24 /s/ James D. Dondero, Authorized Signatory 2018-07-24