Christian Gates - Jan 27, 2022 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
Chief Financial Officer
Signature
/s/ Christian Gates
Stock symbol
NN
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
4
Date filed
1/31/2022, 03:00 PM
Previous filing
Dec 29, 2021
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Award $0 +44.5K +7.51% $0.00 638K Jan 27, 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 NN Stock Option (right to buy) Award $0 +77.5K +78.38% $0.00 176K Jan 27, 2022 Common Stock 77.5K $7.69 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 January 27, 2022, and 1/16 of the RSUs shall vest at the end of each consecutive three-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 January 27, 2022, and 1/16 of the Options shall vest at the end of each consecutive three-month period thereafter