Robert Lantz - 18 Aug 2023 Form 4 Insider Report for NEXTNAV INC. (NN)

Signature
/s/ Christian Gates by power of attorney
Issuer symbol
NN
Transactions as of
18 Aug 2023
Net transactions value
-$1,388
Form type
4
Filing time
21 Aug 2023, 17:07:49 UTC
Previous filing
19 May 2023
Next filing
19 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Sale $1,388 -336 -0.72% $4.13 46,571 18 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").