Amanda Long - Oct 12, 2022 Form 4 Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role
Chief Executive Officer, Director
Signature
/s/ Sean Ricker as Attorney-in-Fact for Amanda Long
Stock symbol
BBAI
Transactions as of
Oct 12, 2022
Transactions value $
$0
Form type
4
Date filed
10/14/2022, 09:43 PM
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 Unit Award $0 +2.34M $0.00 2.34M Oct 12, 2022 Common Stock 2.34M $0.00 Direct F1
transaction BBAI Stock Option (Right to Buy) Award $0 +1.25M $0.00 1.25M Oct 12, 2022 Common Stock 1.25M $1.28 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 October 12, 2022. 117,188 of the RSUs will vest on December 31, 2022 and an additional 468,750 of the RSUs will vest on October 12, 2023 and the remaining 1,757,812 will vest in equal quarterly installments on the last day of each of the calendar quarters immediately following the first anniversary of the grant date.
F2 The options were granted on October 12, 2022 and vest as follows: 62,400 options will vest on December 31, 2022 and an additional 249,601 options will vest on October 12, 2023 and the remaining 936,002 will vest in equal quarterly installments on the last day of each of the calendar quarters immediately following the first anniversary of the grant date (subject to the Reporting Person's continued employment through each vesting date).

Remarks:

Exhibit 24.1 Power of Attorney