Sammaad Shams - Mar 18, 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
Mar 18, 2022
Transactions value $
$0
Form type
4
Date filed
3/22/2022, 04:01 PM
Previous filing
Jan 31, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Award $0 +4.09K +29.71% $0.00 17.8K Mar 18, 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 +7.11K +35.48% $0.00 27.2K Mar 18, 2022 Common Stock 7.11K $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.