David P. Bennett - 10 Apr 2023 Form 4 Insider Report for Nextracker Inc. (NXT)

Reporting relationship: Chief Financial Officer
Issuer ticker: NXT
Reported as of: 10 Apr 2023
Net transaction value: -$205,530
SEC form: 4
Accepted by SEC: 12 Apr 2023, 19:08:29 UTC
Prior SEC filing: 09 Feb 2023
Next SEC filing: 11 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Leah Schlesinger, as attorney-in-fact for David Bennett

Key filing fact

David P. Bennett filed Form 4 for Nextracker Inc. (NXT) on 12 Apr 2023.

Key facts

This page summarizes David P. Bennett's Form 4 filing for Nextracker Inc. (NXT).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 12 Apr 2023, 19:08.

Change

Previous filing in this sequence was filed on 09 Feb 2023.
Current net transaction value: -$205,530.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NXT transaction

Common Stock

Options Exercise

Transaction value
Shares: +11,607
Change %
Price
Shares after: 11,607
Date: 10 Apr 2023
Ownership: Direct
Footnotes: F1

NXT transaction

Common Stock

Tax liability

Transaction value: $205,530
Shares: -6,045
Change %: -52%
Price: $34.00
Shares after: 5,562
Date: 10 Apr 2023
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NXT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -11,607
Change %: -30%
Price
Shares after: 27,083
Date: 10 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,607
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote 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.