Sammaad Shams - 18 Mar 2022 Form 4 Insider Report for NEXTNAV INC. (NN)

Role: Corporate Controller
Signature: /s/ Christian Gates, by power of attorney
Issuer symbol: NN
Transactions as of: 18 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Mar 2022, 16:01:55 UTC
Previous filing: 31 Jan 2022
Next filing: 08 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	+4,085	+30%	$0.000000	17,835	18 Mar 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	+7,113	+35%	$0.000000	27,159	18 Mar 2022	Common Stock	7,113	$8.68	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 March 18, 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 March 18, 2022, and 1/16 of the Options shall vest at the end of each consecutive three-month period thereafter.