SEC Form 4 · accession 0001094891-17-000072
NextDecade Corp · NEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Rosenfeld
Officer — Chairman and CEO · Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 2, 2017 · 8:48 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001612720
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Promissory NoteF4,F1,F2,F3 | $10.00 | Mar 1, 2017 | A | 6,000 | A | — | — | Units | 6,000 | 18,000 | D |
Explanation of responses
- F1Upon completion by the Issuer of an initial business combination, the promissory note may be converted into units ("Units") of the Issuer at a price of $10.00 per Unit, at the Reporting Person's option.
- F2If the Issuer fails to consummate an initial business combination by March 27, 2017, or such later date as the Issuer's stockholders may approve, the Issuer will dissolve and the promissory note will not be convertible.
- F3Each Unit consists of one share of common stock and one warrant to purchase one share of common stock.
- F4The convertible promissory note was issued in consideration of a loan made by the Reporting Person to the Issuer in the amount of $60,000.