Raluca Dinu - May 20, 2022 Form 4 Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role
Director
Signature
/s/ Dr. Raluca Dinu
Stock symbol
BBAI
Transactions as of
May 20, 2022
Transactions value $
$0
Form type
4
Date filed
5/24/2022, 09:24 PM
Previous filing
Apr 6, 2022
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBAI Common Stock Other $0 -850K -8.9% $0.00 8.7M May 20, 2022 By GigAcquisitions4, LLC F1, F2, F3
transaction BBAI Common Stock Other $0 +21.3K $0.00 21.3K May 20, 2022 Direct 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 Other $0 -283K -100% $0.00* 0 May 20, 2022 Common Stock 283K $11.50 By GigAcquisitions4, LLC F4, F5
transaction BBAI Private Warrants Other $0 +7.08K $0.00 7.08K May 20, 2022 Common Stock 7.08K $11.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution of shares of Common Stock to direct and indirect members of GigAcqusitions4, LLC (the "Sponsor").
F2 The total reported shares is a result of the deduction of the number of disposed shares of Common Stock from 9,552,000 shares of Common Stock as previously reported in Form 4 filed by the Reporting Person on December 8, 2021.
F3 The shares of Common Stock 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 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.
F4 Distribution of Private Warrants to direct and indirect members of the Sponsor.
F5 The Private Warrants were 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 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.