Dr. Avi S. Katz - 20 May 2022 Form 4/A - Amendment Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role
Director
Signature
/s/ Dr. Avi S. Katz
Issuer symbol
BBAI
Transactions as of
20 May 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
26 May 2022, 16:56:31 UTC
Date Of Original Report
24 May 2022
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 F3, F4
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.

Dr. Avi S. Katz is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Common Stock is held directly by GigAcquisitions4, LLC (the "Sponsor"). The shares held by the Sponsor are beneficially owned by Dr. Katz. Dr. Katz is also the Manager of the Sponsor, who has sole voting and dispositive power over the shares held by the Sponsor.
F4 Distribution of Private Warrants to direct and indirect members of the Sponsor.

Remarks:

Effective May 20, 2022, GigAcquisitions4, LLC is no longer subject to Section 16.