Key facts
- This page summarizes TotalEnergies SE's Form 4 filing for NextDecade Corp. (NEXT).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 08 Sep 2023, 16:15.
TotalEnergies SE - 07 Sep 2023 Form 4 Insider Report for NextDecade Corp. (NEXT)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- NEXT
- Reported as of
- 07 Sep 2023
- Net transaction value
- +$69,399,435
- SEC form
- 4
- Accepted by SEC
- 08 Sep 2023, 16:15:06 UTC
- Prior SEC filing
- 06 Sep 2023
- Next SEC filing
- 12 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- TotalEnergies SE By: /s/ Paul Moss-Bowpitt Name: Paul Moss-Bowpitt Title: Legal Director - Head of Corporate Transactions
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
TotalEnergies SE filed Form 4 for NextDecade Corp. (NEXT) on 08 Sep 2023.
Change
- Previous filing in this sequence was filed on 06 Sep 2023.
- Current net transaction value: +$69,399,435.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NEXT
transaction
Common Stock
Award
- Transaction value
- $69,399,435
- Shares
- +14,802,055
- Change %
- +49%
- Price
- $4.69
- Shares after
- 44,900,323
- Date
- 07 Sep 2023
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents 14,802,055 shares of common stock (the "Tranche 3 Shares") issued to Global LNG North America Corp. ("GLNG NA") in connection with the third closing pursuant to the common stock purchase agreement, dated June 13, 2023 (the "Stock Purchase Agreement"), between NextDecade Corporation (the "Issuer") and GLNG NA, which occurred on September 8, 2023.
Footnote F2
Represents (i) 8,026,165 shares of common stock issued to GLNG NA on June 14, 2023 in connection with the first closing pursuant to the Stock Purchase Agreement, (ii) 22,072,103 shares of common stock issued to GLNG NA on July 27, 2023 in connection with the second closing pursuant to the Stock Purchase Agreement, and (iii) the 14,802,055 Tranche 3 Shares issued to GLNG NA on September 8, 2023 in connection with the third closing pursuant to the Stock Purchase Agreement.
Footnote F3
The securities reported herein are held directly by GLNG NA, which is a wholly owned subsidiary of TotalEnergies Delaware, Inc. ("TotalEnergies Delaware"), which is a wholly owned subsidiary of TotalEnergies Holdings USA, Inc. ("TotalEnergies Holdings USA"), which is a wholly owned subsidiary of TotalEnergies Gestion USA SARL ("TotalEnergies Gestion USA"), which is a wholly owned subsidiary of TotalEnergies SE (collectively with GLNG NA, TotalEnergies Delaware, TotalEnergies Holdings USA and TotalEnergies Gestion USA, the "Reporting Persons"). As a result, each of the Reporting Persons may be deemed to beneficially own the securities reported herein.
SEC remarks
Pursuant to the Purchaser Rights Agreement, dated as of June 14, 2023, between the Issuer and GLNG NA, following the second closing pursuant to the Stock Purchase Agreement, GLNG NA has the right to designate a director to the Issuer's board of directors. Thibaud de Preval currently serves as GLNG NA's designee on the Issuer's board of directors and, therefore, each of the Reporting Persons may each be deemed a "director by deputization" of the Issuer.