SEC Comment Letter 0000000000-23-008123 to NexPoint Residential Trust, Inc. (NXRT) (CIK 0001620393) (NXRT)
NexPoint Residential Trust, Inc. (NXRT) (CIK 0001620393)
Date: July 28, 2023 · CIK: 0001620393 · Accession: 0000000000-23-008123
AI Filing Summary & Sentiment
File numbers found in text: 001-36663
Letter
United States securities and exchange commission logo July 28, 2023 James Dondero President and Chairman NexPoint Residential Trust, Inc. 300 Crescent Court, Suite 700 Dallas, Texas 75201 Re:NexPoint Residential Trust, Inc. Definitive Proxy Statement on Schedule 14A Filed April 11, 2023 File No. 001-36663 Dear James Dondero: We have limited our review of your most recent definitive proxy statement to those issues we have addressed in our comments. Please respond to these comments by confirming that you will revise your future proxy disclosures in accordance with the topics discussed below. Definitive Proxy Statement on Schedule 14A filed April 11, 2023 Pay Versus Performance, page 25 1.We note disclosure under the "Grants of Plan Based Awards in 2022" table on page 22 that you may grant "performance shares, performance units and certain other awards ... based on, the Company’s common stock or factors that may influence the value of the Company’s common stock." To the extent that you use any financial performance measure to link compensation actually paid to your named executive officers to your performance, please provide tabular and related disclosure of that measure under Regulation S-K Items 402(v)(2)(vi), (5)(iii) and (6). We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Daniel Crawford at 202-551-7767 or Amanda Ravitz at 202-551- 3412 with any questions. Sincerely,
FirstName LastNameJames Dondero Comapany NameNexPoint Residential Trust, Inc. July 28, 2023 Page 2 FirstName LastName James Dondero NexPoint Residential Trust, Inc. July 28, 2023 Page 2 Division of Corporation Finance Disclosure Review Program
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United States securities and exchange commission logo
July 28, 2023
James Dondero
President and Chairman
NexPoint Residential Trust, Inc.
300 Crescent Court, Suite 700
Dallas, Texas 75201
Re:NexPoint Residential Trust, Inc.
Definitive Proxy Statement on Schedule 14A
Filed April 11, 2023
File No. 001-36663
Dear James Dondero:
We have limited our review of your most recent definitive proxy statement to those issues
we have addressed in our comments. Please respond to these comments by confirming that you
will revise your future proxy disclosures in accordance with the topics discussed below.
Definitive Proxy Statement on Schedule 14A filed April 11, 2023
Pay Versus Performance, page 25
1.We note disclosure under the "Grants of Plan Based Awards in 2022" table on page 22
that you may grant "performance shares, performance units and certain other awards ...
based on, the Company’s common stock or factors that may influence the value of the
Company’s common stock." To the extent that you use any financial performance
measure to link compensation actually paid to your named executive officers to your
performance, please provide tabular and related disclosure of that measure under
Regulation S-K Items 402(v)(2)(vi), (5)(iii) and (6).
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
Please contact Daniel Crawford at 202-551-7767 or Amanda Ravitz at 202-551-
3412 with any questions.
Sincerely,
FirstName LastNameJames Dondero
Comapany NameNexPoint Residential Trust, Inc.
July 28, 2023 Page 2
FirstName LastName
James Dondero
NexPoint Residential Trust, Inc.
July 28, 2023
Page 2
Division of Corporation Finance
Disclosure Review Program