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

Role
CEO, President & Director, Director
Signature
/s/ Christian Gates, by power of attorney
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 +89K +4.66% $0.00 2M Jan 27, 2022 Direct F1
holding NN Common Stock 628K Jan 27, 2022 By Trust F2

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 +155K $0.00 155K Jan 27, 2022 Common Stock 155K $7.69 Direct F3
* 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 common stock held by the Ganesh M Pattabiraman Family Trust, of which Ganesh Pattabiraman and Anuradha Srikantan are the trustees.
F3 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.