Bruce Ledesma - Apr 10, 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
Stock symbol
NXT
Transactions as of
Apr 10, 2023
Transactions value $
-$425,238
Form type
4
Date filed
4/12/2023, 07:04 PM
Previous filing
Feb 17, 2023
Next filing
May 11, 2023

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 Apr 10, 2023 Direct F1
transaction NXT Common Stock Tax liability -$425K -12.5K -50.75% $34.00 12.1K Apr 10, 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 Apr 10, 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.