Willy C. Shih - Feb 9, 2023 Form 3 Insider Report for Nextracker Inc. (NXT)

Role
Director
Signature
/s/ Leah Schlesinger, Attorney-in-Fact for Willy Shih
Stock symbol
NXT
Transactions as of
Feb 9, 2023
Transactions value $
$0
Form type
3
Date filed
2/9/2023, 05:00 PM
Previous filing
Aug 6, 2021
Next filing
Apr 12, 2023

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 Feb 9, 2023 Common Stock 3.57K Direct F1
holding NXT Restricted Stock Units Feb 9, 2023 Common Stock 3.29K 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