SEC Form 4 · accession 0001094891-15-000139
NextDecade Corp · NEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard B Schlemm
Director
Period of report
Mar 27, 2015
Accepted (ET)
Mar 31, 2015 · 3:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001612720
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 27, 2015 | S$0 | 7,600 | — | D | 59,900 | D | |
| Common Stock | holding | — | — | — | 119,800 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Redeemable WarrantF1,F2,F3,F4 | $11.50 | Mar 27, 2015 | S | 7,600 | D | — | — | Common Stock | 7,600 | 59,900 | D |
Explanation of responses
- F1Represents securities underlying 59,900 units of the Issuer ("Unit"). Each Unit consists of one share of common stock and one redeemable warrant ("Warrant") to purchase one share of common stock.
- F2An aggregate of 7,600 Units were transfered to Mr. Rosenfeld from Mr. Schlemm as a result of exercise of the underwriter's over-allotment option in full.
- F3Each Warrant will become exercisable on the later of 30 days after the completion of an initial business combination and March 23, 2016.
- F4Each Warrant will expire five years after the completion of an initial business combination, or earlier upon redemption.