0000950103-24-000324.txt : 20240104
0000950103-24-000324.hdr.sgml : 20240104
20240104171757
ACCESSION NUMBER: 0000950103-24-000324
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240102
FILED AS OF DATE: 20240104
DATE AS OF CHANGE: 20240104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SHUGAR DANIEL S
CENTRAL INDEX KEY: 0001425477
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41617
FILM NUMBER: 24513298
MAIL ADDRESS:
STREET 1: 3939 NORTH FIRST STREET
CITY: SAN JOSE
STATE: CA
ZIP: 95134
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Nextracker Inc.
CENTRAL INDEX KEY: 0001852131
STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 6200 PASEO PADRE PARKWAY
CITY: FREMONT
STATE: CA
ZIP: 94555
BUSINESS PHONE: 510-270-2500
MAIL ADDRESS:
STREET 1: 6200 PASEO PADRE PARKWAY
CITY: FREMONT
STATE: CA
ZIP: 94555
FORMER COMPANY:
FORMER CONFORMED NAME: Nextracker LLC
DATE OF NAME CHANGE: 20220215
FORMER COMPANY:
FORMER CONFORMED NAME: Nextracker Inc.
DATE OF NAME CHANGE: 20210318
4
1
dp204869_4-shugar.xml
FORM 4
X0508
4
2024-01-02
0
0001852131
Nextracker Inc.
NXT
0001425477
SHUGAR DANIEL S
C/O NEXTRACKER INC.
6200 PASEO PADRE PARKWAY
FREMONT
CA
94555
1
1
0
0
Chief Executive Officer
0
Common Stock
2024-01-02
4
A
0
5257
0
A
82970
D
On January 2, 2024, Flex Ltd. ("Flex") completed a distribution of all of the shares of common stock of Yuma, Inc. ("Yuma Shares") to Flex shareholders on a pro rata basis based on the number of ordinary shares of Flex (each, a "Flex Share") held by each Flex shareholder (the "Distribution") as of December 29, 2023, pursuant to that certain Agreement and Plan of Merger by and among Nextracker Inc. ("Nextracker"), Flex, Yuma, Inc. and Yuma Acquisition Corp. ("Merger Sub"), dated as of February 7, 2023 (the "Merger Agreement").
Upon the consummation of the Distribution, on January 2, 2024, Flex completed the merger of Yuma Inc. with and into Merger Sub, with Yuma surviving the merger as a wholly owned subsidiary of Nextracker (the "Merger"). Pursuant to the Merger Agreement, as a result of the Merger, each Yuma Share that was issued and outstanding as of immediately prior to the closing of the Merger automatically converted into the right to receive a number of shares of Class A common stock, par value $0.0001 of Nextracker ("Nextracker Class A Common Stock") based on an exchange ratio of 0.174185 (the "Exchange Ratio").
This amount reflects the number of shares of Nextracker Class A Common Stock issued by Nextracker to the Reporting Person in connection with the Merger in respect of the number of Yuma Shares held by the Reporting Person after giving effect to the Distribution.
/s/ Leah Schlesinger, Attorney-in-Fact for Daniel Shugar
2024-01-04