Filing Details
- Accession Number:
- 0001140361-22-020848
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-26 17:45:56
- Reporting Period:
- 2022-05-24
- Accepted Time:
- 2022-05-26 17:45:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1612720 | Nextdecade Corp. | NEXT | () | DE |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1401387 | Valinor Capital Partners, L.p. | C/O Valinor Management, L.p. 405 Lexington Avenue, 34Th Floor New York NY 10174 | No | No | No | No | |
| 1401388 | Valinor Management, L.p. | 405 Lexington Avenue, 34Th Floor New York NY 10174 | No | No | No | No | |
| 1452938 | Valinor Capital Partners Offshore Master Fund, L.p. | C/O Valinor Management, L.p. 405 Lexington Avenue, 34Th Floor New York NY 10174 | No | No | No | No | |
| 1601013 | David Gallo | C/O Valinor Management, L.p. 405 Lexington Avenue, 34Th Floor New York NY 10174 | No | No | No | No | |
| 1713363 | Valinor Associates, Llc | C/O Valinor Management, L.p. 405 Lexington Avenue, 34Th Floor New York NY 10174 | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $ 0.0001 Par Value | Acquisiton | 2022-05-24 | 32,893 | $0.00 | 3,865,523 | No | 4 | X | Indirect | See note |
| Common Stock, $ 0.0001 Par Value | Disposition | 2022-05-24 | 48 | $0.00 | 3,865,475 | No | 4 | S | Indirect | See note |
| Common Stock, $ 0.0001 Par Value | Acquisiton | 2022-05-24 | 91,754 | $0.00 | 10,996,487 | No | 4 | X | Indirect | See note |
| Common Stock, $ 0.0001 Par Value | Disposition | 2022-05-24 | 134 | $0.00 | 10,996,353 | No | 4 | S | Indirect | See note |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | X | Indirect | See note |
| No | 4 | S | Indirect | See note |
| No | 4 | X | Indirect | See note |
| No | 4 | S | Indirect | See note |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, $0.0001 Par Value | Series B Warrants | Disposition | 2022-05-24 | 32,893 | $0.00 | 32,893 | $0.01 |
| Common Stock, $0.0001 Par Value | Series B Warrants | Disposition | 2022-05-24 | 91,754 | $0.00 | 91,754 | $0.01 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2022-05-24 | 2022-05-24 | No | 4 | X | Indirect |
| 0 | 2022-05-24 | 2022-05-24 | No | 4 | X | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, $ 0.0001 Par Value | 307,403 | Direct |
Footnotes
- Pursuant to that certain Series B Warrant Agreement, dated as of May 24, 2019 (the "Series B Warrant Agreement"), Valinor Capital Partners, L.P. ("Valinor Capital") exercised a warrant to purchase 32,893 shares of the Issuer's common stock for $0.01 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding 48 shares from, and issuing 32,845 shares to, Valinor Capital.
- Represents shares directly held by Valinor Capital following the Series B Warrant exercise.
- Pursuant to the Series B Warrant Agreement, Valinor Capital Partners Offshore Master Fund, L.P. ("Valinor Capital Offshore") exercised a warrant to purchase 91,754 shares of the Issuer's common stock for $0.01 per share and paid the exercise price on a cashless basis, resulting in the Issuer withholding 134 shares from, and issuing 91,620 shares to, Valinor Capital Offshore.
- Represents shares directly held by Valinor Capital Offshore following the Series B Warrant exercise.
- Represents shares directly held by David Gallo.
- Valinor Management, L.P. ("Valinor Management") serves as investment manager to Valinor Capital and Valinor Capital Offshore. David Gallo is the Founder, Managing Partner and Portfolio Manager of Valinor Management and is the managing member of Valinor Associates, LLC ("Associates"), which serves as general partner to Valinor Capital and Valinor Capital Offshore. Each of Valinor Management, Associates and David Gallo may be deemed to beneficially own the securities held by Valinor Capital and Valinor Capital Offshore and disclaims beneficial ownership of the reported equity securities, except to the extent of its or his pecuniary interest.
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