Sanyogita Shamsunder - May 9, 2024 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
Chief Operating Officer (COO)
Signature
/s/ Christian Gates by power of attorney
Stock symbol
NN
Transactions as of
May 9, 2024
Transactions value $
$0
Form type
4
Date filed
5/10/2024, 04:01 PM
Previous filing
May 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Award $0 +131K $0.00 131K May 9, 2024 Direct F1

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
transaction NN Stock Option (Right to Buy) Award $0 +183K $0.00 183K May 9, 2024 Common Stock 183K $9.27 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units (the "RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 30% of the RSUs shall vest on the one-year anniversary of May 09, 2025, and the remaining portion shall continue to vest in equal quarterly installments over the subsequent three years.
F2 Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 30% of the Options shall vest on the one-year anniversary of May 09, 2025, and the remaining portion shall continue to vest in equal quarterly installments over the subsequent three years.