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

Role
Director
Signature
/s/ Dr. Raluca Dinu
Issuer symbol
BBAI
Transactions as of
20 May 2022
Net transactions value
$0
Form type
4
Filing time
24 May 2022, 21:24:18 UTC
Previous filing
06 Apr 2022
Next filing
15 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBAI Common Stock Other $0 -850,000 -8.9% $0.000000 8,702,000 20 May 2022 By GigAcquisitions4, LLC F1, F2, F3
transaction BBAI Common Stock Other $0 +21,250 $0.000000 21,250 20 May 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 -283,333 -100% $0.000000* 0 20 May 2022 Common Stock 283,333 $11.50 By GigAcquisitions4, LLC F4, F5
transaction BBAI Private Warrants Other $0 +7,083 $0.000000 7,083 20 May 2022 Common Stock 7,083 $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.