Timothy M. Presutti - 01 Jul 2022 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
10%+ Owner
Signature
/s/ Timothy M. Presutti
Issuer symbol
NN
Transactions as of
01 Jul 2022
Net transactions value
+$471,606
Form type
4
Filing time
06 Jul 2022, 16:42:02 UTC
Previous filing
01 Jul 2022
Next filing
08 Jul 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 $113,088 +51,266 +1.1% $2.21 4,691,266 01 Jul 2022 See Footnotes F1
transaction NN Common Stock Purchase $358,518 +168,659 +1.4% $2.13 12,444,346 05 Jul 2022 Direct F2
holding NN Common Stock 20,000 01 Jul 2022 See Footnotes F3
holding NN Common Stock 385,498 01 Jul 2022 See Footnotes F4
holding NN Common Stock 2,510 01 Jul 2022 Direct F5
holding NN Common Stock 1,000 01 Jul 2022 See Footnotes F6
holding NN Common Stock 416,789 01 Jul 2022 See Footnotes F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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.
F2 Represents shares of common stock held by WOCAP Global Opportunity Investment Partners, 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 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 shares directly and beneficially owned by Mr. Presutti, and includes 10 shares of common stock jointly owned with Mr. Presutti's spouse.
F6 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.
F7 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.

Remarks:

On July 1, 2022, the reporting persons filed a Form 4 which inadvertently reported in Box 6 that the Form 4 was "filed by One Reporting Person" instead of "filed by More than One Reporting Person."