Vera de Gyarfas - Aug 31, 2023 Form 4 Insider Report for NextDecade Corp. (NEXT)

Role
General Counsel
Signature
/s/ Vera de Gyarfas
Stock symbol
NEXT
Transactions as of
Aug 31, 2023
Transactions value $
-$54,017
Form type
4
Date filed
9/5/2023, 06:11 PM
Previous filing
Aug 3, 2023
Next filing
Jul 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEXT Common Stock Tax liability -$54K -8.9K -1.27% $6.07 689K Aug 31, 2023 Direct F1
transaction NEXT Common Stock Award $0 +82.4K +11.95% $0.00 771K Aug 31, 2023 Direct F2
transaction NEXT Common Stock Award $0 +61.8K +8.01% $0.00 833K Aug 31, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 stock units on August 31, 2023.
F2 Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. The restricted stock units vest in three near-equal annual installments beginning August 31, 2024.
F3 Shares are represented by performance-based restricted stock units ("PSUs"). Each PSU represents a contingent right to receive one share of common stock of the Issuer, subject to the performance condition and continued employment through August 31, 2026 (the "Performance Period"). The performance condition will be satisfied based upon the Issuer's common stock achieving specified price per share thresholds on a volume-weighted average basis for the 20 trading days immediately preceding the end of the Performance Period.