Form 4 for NXT Nextpower Inc.
Accepted 2024-04-03 00:00:00 ET · period of report 2024-04-01 · accession 0000950103-24-004878 · 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 | SHUGAR DANIEL S | CEO, Dir | M - OptEx | — | +39.9K | 47.2K | +545% | — |
| D | 2024-04-03 | 2024-04-01 | NXT | SHUGAR DANIEL S | CEO, Dir | G - Gift | $0.00 | -39.9K | 7,314 | -85% | $0 |
| DI | 2024-04-03 | 2024-04-01 | NXT | SHUGAR DANIEL S | CEO, Dir | G - Gift | $0.00 | +39.9K | 123.9K | +47% | $0 |
| D | 2024-04-03 | 2024-04-01 | NXT | SHUGAR DANIEL S | CEO, Dir | M - OptEx | — | -39.9K | 53.2K | -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 | M | A | 39,893 | — | 47,207 | D By Trust | — | — | (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) Due to an inadvertent administrative error, all shareholdings of the Reporting Person were previously incorrectly reflected as being directly owned by the Reporting Person. However, all of the reported shares are indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007, that was established by the Reporting Person, for which the Reporting Person is a co-trustee and beneficiary. (F3) Represents the exempt gift of shares by the Reporting Person to the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007. (F4) Reflects shares indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007. |
| 2 | Common | Common Stock | 2024-04-01 | G | D | 39,893 | $0.00 | 7,314 | D | — | — | (F2) Due to an inadvertent administrative error, all shareholdings of the Reporting Person were previously incorrectly reflected as being directly owned by the Reporting Person. However, all of the reported shares are indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007, that was established by the Reporting Person, for which the Reporting Person is a co-trustee and beneficiary. (F3) Represents the exempt gift of shares by the Reporting Person to the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007. |
| 3 | Common | Common Stock | 2024-04-01 | G | A | 39,893 | $0.00 | 123,940 | I | — | — | (F2) Due to an inadvertent administrative error, all shareholdings of the Reporting Person were previously incorrectly reflected as being directly owned by the Reporting Person. However, all of the reported shares are indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007, that was established by the Reporting Person, for which the Reporting Person is a co-trustee and beneficiary. (F3) Represents the exempt gift of shares by the Reporting Person to the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007. (F4) Reflects shares indirectly beneficially owned by the Reporting Person through the Kathleen and Daniel Shugar Family Trust, dated May 10, 2007. |
| 4 | Derivative | Restricted Stock Units | 2024-04-01 | M | D | 39,893 | — | 53,191 | D | — · — to — | 39,893 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. |