Julie Peffer - Jun 13, 2022 Form 4 Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role: Chief Financial Officer
Signature: /s/ Julie Peffer
Stock symbol: BBAI
Transactions as of: Jun 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/13/2022, 04:35 PM
Previous filing: Mar 8, 2024
Next filing: Dec 30, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BBAI	Restricted Stock Units	Award	$0	+40.5K		$0.00	40.5K	Jun 13, 2022	Common Stock	40.5K	$0.00	Direct	F1
transaction	BBAI	Stock Option (Right to Buy)	Award	$0	+101K		$0.00	101K	Jun 13, 2022	Common Stock	101K	$4.94	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a right to receive one share of BigBear.ai Holdings, Inc.'s Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on June 13, 2022. 25% of the RSUs will vest on June 13, 2023 and the remaining 75% will vest in equal installments on each quarterly anniversary thereafter, such that the entire award will be vested on June 13, 2026 (subject to the Reporting Person's continued employment through each vesting date).
F2	The option was granted on June 13, 2022 and vests as follows: 25% of the option will vest on June 13, 2023 and the remaining 75% will vest in equal quarterly installments on each quarterly anniversary of the date of grant thereafter, such that the entire award will be vested on June 13, 2026 (subject to the Reporting Person's continued employment through each vesting date).

Content

Each restricted stock unit ("RSU") represents a right to receive one share of BigBear.ai Holdings, Inc.'s Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on June 13, 2022. 25% of the RSUs will vest on June 13, 2023 and the remaining 75% will vest in equal installments on each quarterly anniversary thereafter, such that the entire award will be vested on June 13, 2026 (subject to the Reporting Person's continued employment through each vesting date).

The option was granted on June 13, 2022 and vests as follows: 25% of the option will vest on June 13, 2023 and the remaining 75% will vest in equal quarterly installments on each quarterly anniversary of the date of grant thereafter, such that the entire award will be vested on June 13, 2026 (subject to the Reporting Person's continued employment through each vesting date).