James B. Fleming Jr - Oct 28, 2021 Form 3 Insider Report for NEXTNAV INC. (NN)

Role
Director, 10%+ Owner
Signature
/s/ Christian Gates, by power of attorney
Stock symbol
NN
Transactions as of
Oct 28, 2021
Transactions value $
$0
Form type
3
Date filed
10/28/2021, 07:05 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NN Common Stock 9.71M Oct 28, 2021 See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (i) 86,652 shares held of record by Columbia Capital Employee Investors IV, L.P. ("CCEI IV"), (ii) 8,572,962 shares held of record by Columbia Capital Equity Partners IV (ECI), LTD ("CCEP IV (ECI)") and (iii) 1,054,794 shares held of record by Columbia Capital Equity Partners IV (QPCO), L.P. ("CCEP IV (QPCO)"), (collectively, the "Columbia Entities"). Columbia Capital Equity Partners IV (QP), L.P. ("CCEP IV (QP)") is the sole shareholder of CCEP IV (ECI). Columbia Capital Equity Partners IV, L.P. ("CCEP IV") is the general partner of both CCEP IV (QP) and CCEP IV (QPCO). Columbia Capital IV, LLC is the general partner of both CCEI IV and CCEP IV. James B. Fleming, Jr. is the sole manager of Columbia Capital IV, LLC and as a result, he exercises shared voting and investment control over all the common stock held by CCEI IV, CCEP IV (ECI), and CCEP IV (QPCO) and may be deemed to have beneficial ownership over all those shares.
F2 Mr. Fleming disclaims beneficial ownership of the shares held of record by the Columbia Entities, except to the extent of their or his pecuniary interest therein, and this report shall not be deemed an admission that they or he is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Due to the limitations of the electronic filing system, Columbia Capital IV, LLC is filing a separate Form 3.
F3 Pursuant to the Agreement and Plan of Merger, dated as of June 9, 2021, by and among Spartacus Acquisition Shelf Corp (now known as NextNav Inc.), Spartacus Acquisition Corp., NextNav Holdings, LLC and the other parties thereto, the Reporting Persons became reporting persons of "NextNav Inc.", the as-renamed surviving corporation (the "Issuer") of the business combination, which business combination closed on October 28, 2021 (the "Business Combination"), the Reporting Person received shares of common stock of the Issuer in exchange for their holdings in NextNav Holdings, LLC as of the closing of the Business Combination.

Remarks:

Exhibit 24: Power of Attorney