Willy C. Shih - 09 Feb 2023 Form 3 Insider Report for Nextracker Inc. (NXT)

Role
Director
Signature
/s/ Leah Schlesinger, Attorney-in-Fact for Willy Shih
Issuer symbol
NXT
Transactions as of
09 Feb 2023
Net transactions value
$0
Form type
3
Filing time
09 Feb 2023, 17:00:47 UTC
Previous filing
06 Aug 2021
Next filing
12 Apr 2023
SEC
View on sec.gov

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
holding NXT Restricted Stock Units 09 Feb 2023 Common Stock 3,571 Direct F1
holding NXT Restricted Stock Units 09 Feb 2023 Common Stock 3,288 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 100% as of the first business day preceding the date of the Issuer's first annual meeting of stockholders, 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 Common Stock. The RSUs vest 100% on April 1, 2023, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney