11/04/2024 | Press release | Distributed by Public on 11/04/2024 15:29
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 11/01/2024 | A | 3,530 | (3) | (3) | Common Stock | 3,530 | $ 0 | 54,389 | D | ||||
Restricted Stock Units | (2) | 11/01/2024 | M | 3,745 | (4) | (4) | Common Stock | 3,745 | $ 0 | 50,644 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DAVIS SUSAN F 945 BUNKER HILL SUITE 900 HOUSTON, TX 77024 |
X |
/s/ Paul B. Cornett, Power of Attorney | 11/04/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents the total number of restricted stock units that were settled in cash pursuant to their terms. |
(2) | Each restricted stock unit represents a contingent right to receive cash in an amount equivalent to the value of one share of NX common stock. |
(3) | The restricted stock units vested immediately. The restricted stock units will become payable upon the first anniversary of the date of grant or the reporting person's death, disability, or cessation of service as a director or a change in control of the Company. |
(4) | The restricted stock units vested immediately and were settled in cash on the first anniversary of their grant date, pursuant to the payment election made by the reporting person. |