Charles Boynton - 29 May 2024 Form 4 Insider Report for Nextracker Inc. (NXT)

Role
Chief Financial Officer
Signature
/s/ Philip Reuther, as attorney-in-fact for Charles Boynton
Issuer symbol
NXT
Transactions as of
29 May 2024
Transactions value $
$0
Form type
4
Filing time
30 May 2024, 16:33:46 UTC
Previous filing
03 May 2024
Next filing
23 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXT Common Stock Award $0 +65.3K +1195.93% $0.00 70.7K 29 May 2024 Direct F1
transaction NXT Common Stock Award $0 +141K +199.95% $0.00 212K 29 May 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock ("Common Stock"). The RSUs vest 30% on May 21, 2025, 30% on May 21, 2026, and 40% on May 21, 2027, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest 33% on May 21, 2025, 33% on May 21, 2026, and 34% on May 21, 2027, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances