Arun Raghupathy - Nov 21, 2023 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
Senior Vice President
Signature
/s/ Christian Gates by power of attorney
Stock symbol
NN
Transactions as of
Nov 21, 2023
Transactions value $
-$181,944
Form type
4
Date filed
11/24/2023, 02:00 PM
Previous filing
Sep 19, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Sale -$103K -22.4K -2.07% $4.61 1.06M Nov 21, 2023 Direct F1
transaction NN Common Stock Sale -$78.7K -18.1K -1.71% $4.34 1.04M Nov 22, 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").