Timothy M. Presutti - 10 Jun 2022 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
10%+ Owner
Signature
/s/ Timothy M. Presutti
Issuer symbol
NN
Transactions as of
10 Jun 2022
Net transactions value
+$810,507
Form type
4
Filing time
15 Jun 2022, 21:47:36 UTC
Previous filing
03 Jun 2022
Next filing
17 Jun 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 Purchase $16,000,000 -4,000,000 -27% $4.00 11,066,004 10 Jun 2022 Direct F1, F2
transaction NN Common Stock Purchase $16,000,000 +4,000,000 +625% $4.00 4,640,000 10 Jun 2022 See Footnotes F1, F3
transaction NN Common Stock Purchase $463,940 +200,000 +1.8% $2.32 11,266,004 13 Jun 2022 Direct F2
transaction NN Common Stock Purchase $346,567 +146,571 +1.3% $2.36 11,412,575 14 Jun 2022 Direct F2
holding NN Common Stock 20,000 10 Jun 2022 See Footnotes F4
holding NN Common Stock 385,498 10 Jun 2022 See Footnotes F5
holding NN Common Stock 2,510 10 Jun 2022 Direct F6
holding NN Common Stock 1,000 10 Jun 2022 See Footnotes F7
holding NN Common Stock 416,789 10 Jun 2022 See Footnotes F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 WOCAP Global Opportunity Investment Partners, LP ("WOCAP LP") transferred 4,000,000 shares of the Issuer's common stock in an affiliated transaction to 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.
F2 Represents shares of common stock held by 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.
F3 Represents shares of common stock held by WOCAP II.
F4 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.
F5 Represents 385,498 shares of common stock held by Reds Road Holdings LLC ("RRH"). Mr. Presutti is the sole member of RRH.
F6 Represents shares directly and beneficially owned by Mr. Presutti, and includes 10 shares of common stock jointly owned with Mr. Presutti's spouse.
F7 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.
F8 Represents 416,789 shares of common stock held by Broadbill Credit Arbitrage LLC, whose sole member is WOCAP II, whose general partner is WOCAP II GP. Mr. Presutti is the sole member of WOCAP II GP.