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

Role
President, CEO and Secretary, Director, 10%+ Owner
Signature
/s/ Dr. Raluca Dinu
Issuer symbol
BBAI
Transactions as of
11 Feb 2021
Net transactions value
$0
Form type
4
Filing time
08 Dec 2021, 20:48:24 UTC
Previous filing
08 Dec 2021
Next filing
18 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBAI Common Stock Purchase +850,000 +9.5% 9,802,000 11 Feb 2021 By GigAcquisitions4, LLC F1, F2
transaction BBAI Common Stock Other -250,000 -2.6% 9,552,000 06 Dec 2021 By GigAcquisitions4, LLC F1, F2, F3
holding BBAI Common Stock 8,952,000 11 Feb 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 +283,333 283,333 11 Feb 2021 Common Stock 283,333 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.