Timothy M. Presutti - May 19, 2022 Form 3/A - Amendment Insider Report for NEXTNAV INC. (NN)

Role
10%+ Owner
Signature
/s/ Timothy M. Presutti
Stock symbol
NN
Transactions as of
May 19, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
6/3/2022, 02:37 PM
Date Of Original Report
May 31, 2022
Previous filing
Feb 24, 2022
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NN Common Stock 15.1M May 19, 2022 Direct F1
holding NN Common Stock 640K May 19, 2022 See Footnotes F2
holding NN Common Stock 20K May 19, 2022 See Footnotes F3
holding NN Common Stock 385K May 19, 2022 See Footnotes F4
holding NN Common Stock 2.51K May 19, 2022 Direct F12
holding NN Common Stock 1K May 19, 2022 See Footnotes F5
holding NN Common Stock 417K May 19, 2022 See Footnotes F6

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
holding NN Warrants May 19, 2022 Common Stock 700K $11.50 See Footnotes F7, F8, F9
holding NN Warrants May 19, 2022 Common Stock 25K $11.50 Direct F7, F8, F10
holding NN Warrants May 19, 2022 Common Stock 299K $11.50 See Footnotes F7, F8, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 15,066,004 shares of common stock held by WOCAP Global Opportunity Investment Partners, L.P. ("WOCAP LP"), whose general partner is WOCAP Global Opportunity Investment Partners GP LLC ("WOCAP GOIP GP LLC"), whose managing member is Woody Creek MM LLC ("WCMM LLC"). Mr. Presutti is the sole member of WCMM LLC.
F2 Represents 640,000 shares of common stock held by WOCAP II LP ("WOCAP II"), whose general partner is WOCAP II GP LLC ("WOCAP II GP"). Mr. Presutti is the sole member of WOCAP II GP.
F3 Represents 20,000 shares of common stock held by WOCAP GOIP GP LLC, whose managing member is WCMM LLC. Mr. Presutti is the sole member of WCMM LLC.
F4 Represents 385,498 shares of common stock held by Reds Road Holdings LLC ("RRH"). Mr. Presutti is the sole member of RRH.
F5 Represents 1,000 shares of common stock held by Woody Creek Capital Partners Defined Benefit Pension Plan, whose trustee and a beneficiary is Mr. Presutti.
F6 Represents 416,789 shares of common stock held by Broadbill Credit Arbitrage LLC ("BCA"), whose sole member is WOCAP II, whose general partner is WOCAP II GP. Mr. Presutti is the sole member of WOCAP II GP.
F7 The warrants became exercisable 30 days after the completion of the initial business combination, which closed on October 28, 2021 (the "Initial Business Combination").
F8 The warrants will expire five years after the completion of the Initial Business Combination.
F9 Represents 700,215 warrants exercisable for the right to purchase 700,215 shares of common stock held by RRH. Mr. Presutti is the sole member of RRH.
F10 Represents 25,000 warrants exercisable for the right to purchase 25,000 shares of common stock held by WOCAP LP, whose general partner is WOCAP GOIP GP LLC, whose managing member is WCMM LLC. Mr. Presutti is the sole member of WCMM LLC.
F11 Represents 298,966 warrants exercisable for the right to purchase 298,966 shares of common stock held by BCA, whose sole member is WOCAP II, whose general partner is WOCAP II GP. Mr. Presutti is the sole member of WOCAP II GP.
F12 Represents shares directly and beneficially owned by Mr. Presutti, and includes 10 shares of common stock jointly owned with Mr. Presutti's spouse.

Remarks:

Reporting Person - Box 6 - This form was amended to reflect that this form is filed for more than one reporting person.