Sammaad Shams - Dec 27, 2021 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
Corporate Controller
Signature
/s/ Christian Gates, by power of attorney
Stock symbol
NN
Transactions as of
Dec 27, 2021
Transactions value $
$0
Form type
4
Date filed
12/29/2021, 03:50 PM
Previous filing
Oct 28, 2021
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Award $0 +13.8K $0.00 13.8K Dec 27, 2021 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 NN Stock Option (right to buy) Award $0 +13.8K $0.00 13.8K Dec 27, 2021 Common Stock 13.8K $9.31 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 (the "RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on the one year anniversary of July 22, 2021, and 1/8 of the RSUs shall vest at the end of each consecutive six-month period thereafter.
F2 Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on the one year anniversary of July 22, 2021, and 1/16 of the Options shall vest at the end of each consecutive three-month period thereafter.