Ganesh Pattabiraman - 27 Dec 2021 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
CEO, President & Director, Director
Signature
/s/ Christian Gates, by power of attorney
Issuer symbol
NN
Transactions as of
27 Dec 2021
Net transactions value
$0
Form type
4
Filing time
29 Dec 2021, 15:47:34 UTC
Previous filing
28 Oct 2021
Next filing
31 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Award $0 +924,671 +94% $0.000000 1,911,233 27 Dec 2021 Direct F1
holding NN Common Stock 627,995 27 Dec 2021 By Trust 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 (the "RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/3 of the RSUs shall vest on the one year anniversary of October 29, 2021, and 1/6 of the RSUs shall vest at the end of each consecutive six-month period thereafter.
F2 Represents common stock held by the Ganesh M Pattabiraman Family Trust, of which Ganesh Pattabiraman and Anuradha Srikantan are the trustees.