Item 3.03 Material Modification to Rights of Security Holders
The previously-disclosed four-for-one division (Stock Split) of the common stock,$.01 par value (NEE common stock), ofNextEra Energy, Inc. (NEE) became effective onOctober 26, 2020 . As a result of the Stock Split (and other adjustments related to the current dividend rate with respect to the 4.872% Corporate Units), the fixed settlement rates of NEE's three outstanding series of Corporate Units were adjusted as of the opening of business onOctober 27, 2020 as described below. 4.872% Corporate Units InSeptember 2019 , NEE sold$1.5 billion of equity units (initially consisting of Corporate Units). Each equity unit has a stated amount of$50 and consists of a contract to purchase NEE common stock (stock purchase contract) and, initially, a 5% undivided beneficial ownership interest in a Series J Debenture dueSeptember 1, 2024 , issued in the principal amount of$1,000 byNextEra Energy Capital Holdings, Inc. (NEECH). Each stock purchase contract requires the holder to purchase by no later thanSeptember 1, 2022 (the final settlement date) for a price of$50 in cash, a number of shares of NEE common stock (subject to antidilution adjustments) based on a price per share range. If purchased on the final settlement date, as ofOctober 27, 2020 , the number of shares issued per equity unit would (subject to antidilution adjustments) range from 0.8936 shares if the applicable market value of a share of NEE common stock is less than or equal to the reference price to 0.7152 shares if the applicable market value of a share is equal to or greater than the threshold appreciation price.The applicable market value will be determined using the average closing prices of NEE common stock over a 20-day trading period endingAugust 29, 2022 and will also be adjusted (when determined) to give effect to the Stock Split and certain other anti-dilution adjustments to determine which settlement rate will apply. 5.279% Corporate Units InFebruary 2020 , NEE sold$2.5 billion of equity units (initially consisting of Corporate Units). Each equity unit has a stated amount of$50 and consists of a contract to purchase NEE common stock (stock purchase contract) and, initially, a 5% undivided beneficial ownership interest in a Series K Debenture dueMarch 1, 2025 , issued in the principal amount of$1,000 by NEECH. Each stock purchase contract requires the holder to purchase by no later thanMarch 1, 2023 (the final settlement date) for a price of$50 in cash, a number of shares of NEE common stock (subject to antidilution adjustments) based on a price per share range. If purchased on the final settlement date, as ofOctober 27, 2020 , the number of shares issued per equity unit would (subject to antidilution adjustments) range from 0.7092 shares if the applicable market value of a share of NEE common stock is less than or equal to the reference price to 0.5672 shares if the applicable market value of a share is equal to or greater than the threshold appreciation price.The applicable market value will be determined using the average closing prices of NEE common stock over a 20-day trading period endingFebruary 24, 2023 and will also be adjusted (when determined) to give effect to the Stock Split and certain other anti-dilution adjustments to determine which settlement rate will apply. 6.219% Corporate Units InSeptember 2020 , NEE sold$2.0 billion of equity units (initially consisting of Corporate Units). Each equity unit has a stated amount of$50 and consists of a contract to purchase NEE common stock (stock purchase contract) and, initially, a 5% undivided beneficial ownership interest in a Series L Debenture dueSeptember 1, 2025 , issued in the principal amount of$1,000 by NEECH. Each stock purchase contract requires the holder to purchase by no later thanSeptember 1, 2023 (the final settlement date) for a price of$50 in cash, a number of shares of NEE common stock (subject to antidilution adjustments) based on a price per share range. If purchased on the final settlement date, as ofOctober 27, 2020 , the number of shares issued per equity unit would (subject to antidilution adjustments) range from 0.6764 shares if the applicable market value of a share of NEE common stock is less than or equal to the reference price to 0.5412 shares if the applicable market value of a share is equal to or greater than the threshold appreciation price.The applicable market value will be determined using the average closing prices of NEE common stock over a 20-day trading period endingAugust 29, 2023 and will also be adjusted (when determined) to give effect to the Stock Split and certain other anti-dilution adjustments to determine which settlement rate will apply. 2
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Item 8.01 Other Events
On
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 3(i) Restated Articles of Incorporation ofNextEra Energy, Inc. 101 Interactive data files for this Form 8-K formatted in Inline XBRL 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) 3
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