Raluca Dinu - Feb 11, 2021 Form 4 Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role
President, CEO and Secretary, Director, 10%+ Owner
Signature
/s/ Dr. Raluca Dinu
Stock symbol
BBAI
Transactions as of
Feb 11, 2021
Transactions value $
$0
Form type
4
Date filed
12/8/2021, 08:48 PM
Previous filing
Dec 8, 2021
Next filing
May 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBAI Common Stock Purchase +850K +9.5% 9.8M Feb 11, 2021 By GigAcquisitions4, LLC F1, F2
transaction BBAI Common Stock Other -250K -2.55% 9.55M Dec 6, 2021 By GigAcquisitions4, LLC F1, F2, F3
holding BBAI Common Stock 8.95M Feb 11, 2021 By GigAcquisitions4, LLC F1

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 Private Warrants Purchase +283K 283K Feb 11, 2021 Common Stock 283K By GigAcquisitions4, LLC F1, F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Common Stock and Private Warrants are held directly by the Sponsor. Dr. Dinu is a member of GigFounders, LLC, which has a financial and voting interest in the Sponsor as a member of the Sponsor and that entities this partnership to participate in any economic return of the Sponsor in accordance with terms negotiated with the other holders of financial and voting interests in the Sponsor. Accordingly, the shares of Common Stock and Private Warrants held by the Sponsor, subject to the interests of such other holders, are indirectly and beneficially owned by Dr. Dinu by virtue of her financial interest in GigFounders, LLC.
F2 Each unit consists of one share of the Company's common stock, $0.0001 par value ("Common Stock"), and one-third (1/3) of one warrant. Each whole warrant (a "Private Warrant") is exercisable for one share of Common Stock at a price of $11.50 per full share.
F3 Transfer of Common Stock by Sponsor to AE BBAI Aggregator, LP.
F4 The Private Warrants included in the units will become exercisable on the later of 30 days after the completion of the Company's initial business combination or 12 months from the completion of the Company's initial public offering.
F5 The Private Warrants included in the units will expire on the fifth anniversary of the Company's completion of its initial business combination.