Schlesinger Leah 4
4 · Nextracker Inc. · Filed Apr 3, 2024
Insider Transaction Report
Form 4
Schlesinger Leah
GC, Ch Eth & Compl Off'r & Sec
Transactions
- Exercise/Conversion
Common Stock
2024-04-01+11,607→ 18,502 total - Sale
Common Stock
2024-04-03$51.91/sh−2,149$111,555→ 11,910 total - Exercise/Conversion
Restricted Stock Units
2024-04-01−11,607→ 15,476 total→ Common Stock (11,607 underlying) - Other
Common Stock
2024-04-01$53.13/sh−4,443$236,057→ 14,059 total
Footnotes (3)
- [F1]Reflects the vesting and conversion of restricted stock units ("RSUs"), which were previously granted to the Reporting Person on April 6, 2022, into shares of the Issuer's common stock, on a one-for-one basis.
- [F2]Reflects the number of shares required to be sold pursuant to a "sell-to-cover" transaction in order to satisfy the tax withholding obligations in connection with the vesting and conversion of RSUs. These sales are mandated by the Issuer's "sell-to-cover" policy adopted by the Issuer on March 2, 2023 pursuant to the requirements of Rule 10b5-1 and its authority under its equity incentive plan, and do not represent discretionary trades by the Reporting Person.
- [F3]The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 17, 2023.