Sanyogita Shamsunder - 09 May 2024 Form 4 Insider Report for NEXTNAV INC. (NN)

Role: Chief Operating Officer (COO)
Signature: /s/ Christian Gates by power of attorney
Issuer symbol: NN
Transactions as of: 09 May 2024
Net transactions value: $0
Form type: 4
Filing time: 10 May 2024, 16:01:34 UTC
Previous filing: 10 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NN	Common Stock	Award	$0	+130,548		$0.000000	130,548	09 May 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	+182,582		$0.000000	182,582	09 May 2024	Common Stock	182,582	$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.