Form 4 for NXT Nextpower Inc.
Accepted 2024-04-03 00:00:00 ET · period of report 2024-04-01 · accession 0000950103-24-004876 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-04-03 | 2024-04-01 | NXT | Miller Nicholas Marco | COO | J - Other | $53.13 | -5,045 | 19.5K | -21% | -$268.0K |
| D | 2024-04-03 | 2024-04-01 | NXT | Miller Nicholas Marco | COO | M - OptEx | — | +13.2K | 24.5K | +117% | — |
| DM | 2024-04-03 | 2024-04-02 | NXT | Miller Nicholas Marco | COO | S - Sale+OE | $52.67 | -8,355 | 11.5K | -42% | -$440.0K |
| D | 2024-04-03 | 2024-04-01 | NXT | Miller Nicholas Marco | COO | M - OptEx | — | -13.2K | 17.6K | -43% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-04-01 | J | D | 5,045 | $53.13 | 19,469 | D | — | — | (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. |
| 2 | Common | Common Stock | 2024-04-01 | M | A | 13,214 | — | 24,514 | D | — | — | (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. |
| 3 | Common | Common Stock | 2024-04-02 | S | D | 360 | $54.39 | 11,114 | D | — | — | (F6) The reported price in Column 4 for these sales transactions is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.23 to $54.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 4 | Common | Common Stock | 2024-04-02 | S | D | 5,295 | $52.24 | 14,174 | D | — | — | (F4) The reported price in Column 4 for these sales transactions is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.81 to $52.80 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 5 | Common | Common Stock | 2024-04-02 | S | D | 2,700 | $53.27 | 11,474 | D | — | — | (F5) The reported price in Column 4 for these sales transactions is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.82 to $53.70 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 6 | Derivative | Restricted Stock Units | 2024-04-01 | M | D | 13,214 | — | 17,620 | D | — · — to — | 13,214 Common Stock | (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. |