4//SEC Filing
VALINOR CAPITAL PARTNERS, L.P. 4
Accession 0001140361-22-020848
CIK 0001612720other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 5:45 PM ET
Size
48.9 KB
Accession
0001140361-22-020848
Insider Transaction Report
Form 4
NextDecade Corp.NEXT
VALINOR MANAGEMENT, LLC
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+91,754→ 10,996,487 total(indirect: See note) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−48→ 3,865,475 total(indirect: See note) - Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+32,893→ 3,865,523 total(indirect: See note) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−134→ 10,996,353 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−32,893→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (32,893 underlying) - Exercise of In-Money
Series B Warrants
2022-05-24−91,754→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (91,754 underlying)
Holdings
- 307,403
Common Stock, $ 0.0001 par value
VALINOR CAPITAL PARTNERS, L.P.
Director
Transactions
- Sale
Common Stock, $ 0.0001 par value
2022-05-24−134→ 10,996,353 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−32,893→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (32,893 underlying) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−48→ 3,865,475 total(indirect: See note) - Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+32,893→ 3,865,523 total(indirect: See note) - Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+91,754→ 10,996,487 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−91,754→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (91,754 underlying)
Holdings
- 307,403
Common Stock, $ 0.0001 par value
Gallo David
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+32,893→ 3,865,523 total(indirect: See note) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−134→ 10,996,353 total(indirect: See note) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−48→ 3,865,475 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−32,893→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (32,893 underlying) - Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+91,754→ 10,996,487 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−91,754→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (91,754 underlying)
Holdings
- 307,403
Common Stock, $ 0.0001 par value
Valinor Associates, LLC
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+32,893→ 3,865,523 total(indirect: See note) - Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+91,754→ 10,996,487 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−91,754→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (91,754 underlying) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−48→ 3,865,475 total(indirect: See note) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−134→ 10,996,353 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−32,893→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (32,893 underlying)
Holdings
- 307,403
Common Stock, $ 0.0001 par value
VALINOR CAPITAL PARTNERS OFFSHORE MASTER FUND, L.P.
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+32,893→ 3,865,523 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−32,893→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (32,893 underlying) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−48→ 3,865,475 total(indirect: See note) - Exercise of In-Money
Common Stock, $ 0.0001 par value
2022-05-24+91,754→ 10,996,487 total(indirect: See note) - Sale
Common Stock, $ 0.0001 par value
2022-05-24−134→ 10,996,353 total(indirect: See note) - Exercise of In-Money
Series B Warrants
2022-05-24−91,754→ 0 total(indirect: See note)Exercise: $0.01From: 2022-05-24Exp: 2022-05-24→ Common Stock, $0.0001 par value (91,754 underlying)
Holdings
- 307,403
Common Stock, $ 0.0001 par value
Footnotes (6)
- [F1]Pursuant to that certain Series B Warrant Agreement, dated as of May 24, 2019 (the "Series B Warrant Agreement"), Valinor Capital Partners, L.P. ("Valinor Capital") exercised a warrant to purchase 32,893 shares of the Issuer's common stock for $0.01 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding 48 shares from, and issuing 32,845 shares to, Valinor Capital.
- [F2]Represents shares directly held by Valinor Capital following the Series B Warrant exercise.
- [F3]Pursuant to the Series B Warrant Agreement, Valinor Capital Partners Offshore Master Fund, L.P. ("Valinor Capital Offshore") exercised a warrant to purchase 91,754 shares of the Issuer's common stock for $0.01 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding 134 shares from, and issuing 91,620 shares to, Valinor Capital Offshore.
- [F4]Represents shares directly held by Valinor Capital Offshore following the Series B Warrant exercise.
- [F5]Represents shares directly held by David Gallo.
- [F6]Valinor Management, L.P. ("Valinor Management") serves as investment manager to Valinor Capital and Valinor Capital Offshore. David Gallo is the Founder, Managing Partner and Portfolio Manager of Valinor Management and is the managing member of Valinor Associates, LLC ("Associates"), which serves as general partner to Valinor Capital and Valinor Capital Offshore. Each of Valinor Management, Associates and David Gallo may be deemed to beneficially own the securities held by Valinor Capital and Valinor Capital Offshore and disclaims beneficial ownership of the reported equity securities, except to the extent of its or his pecuniary interest.
Issuer
NextDecade Corp.
CIK 0001612720
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001401387
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 5:45 PM ET
- Size
- 48.9 KB