Form 4 for NEXT NextDecade Corp

Accepted 2023-09-05 00:00:00 ET · period of report 2023-08-31 · accession 0001437749-23-025241 · 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
M	2023-09-05	2023-08-31	NEXT	Schatzman Matthew K	CEO, Dir	A - Grant	$0.00	+648.7K	4.76M	+16%	$0
	2023-09-05	2023-08-31	NEXT	Schatzman Matthew K	CEO, Dir	F - Tax	$6.07	-40.0K	4.11M	-1.0%	-$243.1K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-08-31	A	A	370,675	$0.00	4,479,521	D	—	—	(F2) Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. The restricted stock units vest in three near-equal annual installments beginning August 31, 2024.
2	Common	Common Stock	2023-08-31	F	D	40,045	$6.07	4,108,846	D	—	—	(F1) Represents shares of common stock delivered by the Reporting Person to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units on August 31, 2023.
3	Common	Common Stock	2023-08-31	A	A	278,006	$0.00	4,757,527	D	—	—	(F3) Shares are represented by performance-based restricted stock units ("PSUs"). Each PSU represents a contingent right to receive one share of common stock of the Issuer, subject to the performance condition and continued employment through August 31, 2026 (the "Performance Period"). The performance condition will be satisfied based upon the Issuer's common stock achieving specified price per share thresholds on a volume-weighted average basis for the 20 trading days immediately preceding the end of the Performance Period.