X0306 4 2017-08-03 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 0001617621 NexPoint Advisors, L.P. 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 0 1 0 Common Stock 2017-08-03 4 P 0 41900 24.2835 A 41900 I By Highland Capital Management Fund Advisors, L.P. Common Stock 2027349.8 I By Highland Capital Management, L.P. Common Stock 5202.02 D Common Stock 15400 I By NexPoint Advisors, L.P. Common Stock 1915536.1 I By trust Common Stock 7500 I By limited liability company Common Stock 20458.8 I By employee benefit plan 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. 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. 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 6 to this Form 4 owns a majority interest. Mr. Dondero disclaims beneficial ownership of such shares. /s/ James D. Dondero 2017-08-07 /s/ James D. Dondero, authorized signatory 2017-08-07 /s/ James D. Dondero, President 2017-08-07 /s/ James D. Dondero, President 2017-08-07