David L. Knutson - 27 Jan 2022 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
SVP, Operations & Deployment
Signature
/s/ Christian Gates, by power of attorney
Issuer symbol
NN
Transactions as of
27 Jan 2022
Net transactions value
$0
Form type
4
Filing time
31 Jan 2022, 15:01:04 UTC
Previous filing
29 Dec 2021
Next filing
15 Nov 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 +44,520 +7.7% $0.000000 624,456 27 Jan 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 +77,522 +92% $0.000000 162,086 27 Jan 2022 Common Stock 77,522 $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