Howard Wenger - 10 Apr 2023 Form 4 Insider Report for Nextracker Inc. (NXT)

Role
President
Signature
/s/ Leah Schlesinger, as attorney-in-fact for Howard Wenger
Issuer symbol
NXT
Transactions as of
10 Apr 2023
Net transactions value
-$425,340
Form type
4
Filing time
12 Apr 2023, 19:07:18 UTC
Previous filing
09 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 +24,642 24,642 10 Apr 2023 Direct F1
transaction NXT Common Stock Tax liability $425,340 -12,510 -51% $34.00 12,132 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 -24,642 -30% 57,501 10 Apr 2023 Common Stock 24,642 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.