Brent Wahl - 12 Jul 2023 Form 4 Insider Report for NextDecade Corp. (NEXT)

Role
CFO
Signature
/s/ Vera de Gyarfas, Attorney-in-fact
Issuer symbol
NEXT
Transactions as of
12 Jul 2023
Net transactions value
-$472,370
Form type
4
Filing time
14 Jul 2023, 18:29:56 UTC
Previous filing
19 Dec 2022
Next filing
03 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEXT Common Stock Award $1,272,000 +150,000 +38% $8.48 543,455 12 Jul 2023 Direct F1
transaction NEXT Common Stock Tax liability $614,927 -72,515 -13% $8.48 470,940 12 Jul 2023 Direct F2
transaction NEXT Common Stock Award $0 +590,600 +125% $0.000000 1,061,540 12 Jul 2023 Direct F3
transaction NEXT Common Stock Award $0 +234,375 +22% $0.000000 1,295,915 12 Jul 2023 Direct F4
transaction NEXT Common Stock Tax liability $1,014,632 -119,650 -9.2% $8.48 1,176,265 12 Jul 2023 Direct F5
transaction NEXT Common Stock Award $0 +35,007 +3% $0.000000 1,211,272 12 Jul 2023 Direct F6
transaction NEXT Common Stock Tax liability $114,811 -13,539 -1.1% $8.48 1,197,733 12 Jul 2023 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares of common stock that vested upon Issuer's achievement of an Issuer milestone on July 12, 2023.
F2 Represents shares of common stock delivered by the Reporting Person to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock on July 12, 2023.
F3 Represents restricted stock units that became earned to the Reporting Person upon Issuer's achievement of a milestone-based performance criteria on July 12, 2023. Such restricted stock units vest in three near-equal annual installments beginning on July 12, 2024.
F4 Represents restricted stock units that vested upon Issuer's achievement of a milestone-based performance criteria on July 12, 2023.
F5 Represents shares of common stock delivered by the Reporting Person to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock on July 12, 2023.
F6 Represents shares of common stock issued in connection with the satisfaction of performance criteria set forth in a bonus letter delivered to the Reporting Person in 2019.
F7 Represents shares of common stock delivered by the Reporting Person to the Issuer to satisfy tax withholding obligations in connection with the issuance of shares of common stock in connection with the satisfaction of performance criteria on July 12, 2023.