Susan Brasse Insley - 11 Mar 2025 Form 3 Insider Report for NEXTNAV INC. (NN)

Role
Chief Operating Officer
Signature
/s/ Christian Gates, by power of attorney
Issuer symbol
NN
Transactions as of
11 Mar 2025
Net transactions value
$0
Form type
3
Filing time
18 Mar 2025, 16:20:23 UTC
Next filing
18 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NN Common Stock 101,577 11 Mar 2025 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
holding NN Stock Option (Right to Buy) 11 Mar 2025 Common Stock 156,281 $8.12 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 30% of the RSUs shall vest on September 23, 2025 (the one-year anniversary of the grant date), and the remaining portion shall vest thereafter in substantially equal quarterly installments over the subsequent three years.
F2 Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 30% of the Options shall vest on September 23, 2025 (the one-year anniversary of the grant date), and the remaining portion shall vest thereafter in substantially equal quarterly installments over the subsequent three years.

Remarks:

Exhibit 24 - Power of Attorney