Sammaad Shams - Jan 27, 2022 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
Jan 27, 2022
Transactions value $
$0
Form type
4
Date filed
1/31/2022, 03:00 PM
Previous filing
Dec 29, 2021
Next filing
Mar 22, 2022

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 +6.3K +45.79% $0.00 20K Jan 27, 2022 Common Stock 6.3K $7.69 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.