Key facts
- This page summarizes Leah Schlesinger's Form 4 filing for Nextracker Inc. (NXT).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 22 May 2024, 18:08.
Leah Schlesinger - 21 May 2024 Form 4 Insider Report for Nextracker Inc. (NXT)
- Reporting relationship
- GC, Ch Eth & Compl Off'r & Sec
- Issuer ticker
- NXT
- Reported as of
- 21 May 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 22 May 2024, 18:08:28 UTC
- Prior SEC filing
- 03 Apr 2024
- Next SEC filing
- 25 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Philip Reuther, as attorney-in-fact for Leah Schlesinger
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Leah Schlesinger filed Form 4 for Nextracker Inc. (NXT) on 22 May 2024.
Change
- Previous filing in this sequence was filed on 03 Apr 2024.
- 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
- +47,637
- Change %
- +400%
- Price
- $0.000000
- Shares after
- 59,547
- Date
- 21 May 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
NXT
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +27,970
- Change %
- +47%
- Price
- $0.000000
- Shares after
- 87,517
- Date
- 21 May 2024
- Ownership
- Direct
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NXT
transaction
Derivative
Performance Stock Units
Award
- Transaction value
- Shares
- +23,214
- Change %
- +125%
- Price
- Shares after
- 41,762
- Date
- 21 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 23,214
- Exercise price
- Footnotes
- F3, F5
NXT
transaction
Derivative
Stock Option (Right to Buy)
Award
- Transaction value
- $0
- Shares
- +21,254
- Change %
- Price
- $0.000000
- Shares after
- 21,254
- Date
- 21 May 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 21,254
- Exercise price
- $47.05
- Footnotes
- F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Reflects performance stock units ("PSUs"), originally granted to the Reporting Person on June 21, 2023, which were initially earned upon certification by the Board of Directors of the Issuer on May 21, 2024 of the level of achievement of the financial performance metrics applicable to the PSUs for the performance period from April 1, 2023 to March 31, 2024. The PSUs remain subject to an rTSR modifier performance metric for the performance period from April 1, 2023 to March 31, 2026, pursuant to which the number of shares earned based on achievement of the financial performance metrics can be adjusted between 75% - 150%.
Footnote F2
The amount reported herein reflects 75% of the number of PSUs earned based on achievement of the financial performance metrics, which is the minimum amount of PSUs that will be earned and eligible to vest at the end of the three-year performance period, subject generally to the Reporting Person's continued employment with the Issuer through such date.
Footnote F3
Each earned PSU reflects the right to receive one share of the Issuer's common stock upon satisfaction of the applicable vesting conditions.
Footnote F4
Reflects an award of restricted stock units ("RSUs") granted to the Reporting Person on May 21, 2024. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest 30% on May 21, 2025, 30% on May 21, 2026, and 40% on May 21, 2027, subject to the Reporting Person's continued service to the Issuer through the relevant vesting date and acceleration in certain circumstances.
Footnote F5
Reflects the second tranche of an award of PSUs, originally granted to the Reporting Person on April 6, 2022, which was earned upon the certification by the Board of Directors of the Issuer on May 21, 2024 of the level of achievement of the performance metrics applicable to the PSUs for the performance period from April 1, 2023 to March 31, 2024. The earned PSUs will service-vest on March 31, 2025, subject generally to the Reporting Person's continued employment with the Issuer through such date.
Footnote F6
Reflects an award of stock options to purchase shares of common stock of the Issuer granted to the Reporting Person on May 21, 2024. This option will vest and become exercisable on May 21, 2027, subject to the Reporting Person's continued service to the Issuer through the vesting date and acceleration in certain circumstances.