Neil S. Subin - Aug 9, 2022 Form 3 Insider Report for NEXTNAV INC. (NN)

Role
Director
Signature
/s/ Christian Gates, by power of attorney
Stock symbol
NN
Transactions as of
Aug 9, 2022
Transactions value $
$0
Form type
3
Date filed
8/11/2022, 04:05 PM
Previous filing
Aug 9, 2022
Next filing
Aug 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NN Common Stock 1.69M Aug 9, 2022 By MILFAM Investments LLC F1
holding NN Common Stock 1.95M Aug 9, 2022 By MILFAM CI LLC SPARTACUS F2

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 Aug 9, 2022 Common Stock 250K $11.50 By Milfam Investments LLC F1, F3, F4
holding NN Warrants Aug 9, 2022 Common Stock 3.54M $11.50 By MILFAM CI LLC SPARTACUS F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Neil Subin is the Manager of MILFAM LLC. MILFAM LLC is the manager of Milfam Investments LLC. Mr. Subin disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2 MILFAM CI LLC SPARTACUS is controlled by MILFAM CI Management LLC, which is owned and controlled by Neil Subin. Mr. Subin disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3 The warrants became exercisable 30 days after the completing of the company's initial business combination, which closed on October 28, 2021 (the "Business Combination").
F4 The warrants will expire five years after the completion of the Business Combination.

Remarks:

Exhibit 24: Power of Attorney