Key facts
- This page summarizes David Scott Offer's Form 4 filing for Nextracker Inc. (NXT).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 04 Jan 2024, 17:12.
David Scott Offer - 02 Jan 2024 Form 4 Insider Report for Nextracker Inc. (NXT)
- Reporting relationship
- Director
- Issuer ticker
- NXT
- Reported as of
- 02 Jan 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Jan 2024, 17:12:55 UTC
- Prior SEC filing
- 30 Oct 2023
- Next SEC filing
- 22 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Leah Schlesinger, Attorney-in-Fact for Scott Offer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David Scott Offer filed Form 4 for Nextracker Inc. (NXT) on 04 Jan 2024.
Change
- Previous filing in this sequence was filed on 30 Oct 2023.
- Current net transaction value: $0.
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.
NXT
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +41,298
- Change %
- Price
- $0.000000
- Shares after
- 41,298
- Date
- 02 Jan 2024
- Ownership
- By Trust
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
David Scott Offer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
On January 2, 2024, Flex Ltd. ("Flex") completed a distribution of all of the shares of common stock of Yuma, Inc. ("Yuma Shares") to Flex shareholders on a pro rata basis based on the number of ordinary shares of Flex (each, a "Flex Share") held by each Flex shareholder (the "Distribution") as of December 29, 2023, pursuant to that certain Agreement and Plan of Merger by and among Nextracker Inc. ("Nextracker"), Flex, Yuma, Inc. and Yuma Acquisition Corp. ("Merger Sub"), dated as of February 7, 2023 (the "Merger Agreement").
Footnote F2
Upon the consummation of the Distribution, on January 2, 2024, Flex completed the merger of Yuma Inc. with and into Merger Sub, with Yuma surviving the merger as a wholly owned subsidiary of Nextracker (the "Merger"). Pursuant to the Merger Agreement, as a result of the Merger, each Yuma Share that was issued and outstanding as of immediately prior to the closing of the Merger automatically converted into the right to receive a number of shares of Class A common stock, par value $0.0001 of Nextracker ("Nextracker Class A Common Stock") based on an exchange ratio of 0.174185 (the "Exchange Ratio").
Footnote F3
This amount reflects the number of shares of Nextracker Class A Common Stock issued by Nextracker to the Reporting Person in connection with the Merger in respect of the number of Yuma Shares held by the Reporting Person after giving effect to the Distribution.