BRUCE LEDESMA - 10 Apr 2023 Form 4 Insider Report for Nextracker Inc. (NXT)

Role: Pres, Strat'y, Software & Admn
Signature: /s/ Leah Schlesinger, as attorney-in-fact for Bruce Ledesma
Issuer symbol: NXT
Transactions as of: 10 Apr 2023
Transactions value $: -$425,238
Form type: 4
Filing time: 12 Apr 2023, 19:04:49 UTC
Previous filing: 17 Feb 2023
Next filing: 11 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXT	Common Stock	Options Exercise		+24.6K			24.6K	10 Apr 2023	Direct	F1
transaction	NXT	Common Stock	Tax liability	-$425K	-12.5K	-50.75%	$34.00	12.1K	10 Apr 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NXT	Restricted Stock Units	Options Exercise		-24.6K	-30%		57.5K	10 Apr 2023	Common Stock	24.6K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the settlement and conversion of vested restricted stock units ("RSUs"), which were previously granted to the Reporting Person on April 6, 2022, into shares of the Issuer's common stock, on a one-for-one basis.