Sean Ricker - Mar 23, 2023 Form 4 Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role: Chief Accounting Officer
Signature: /s/ Sean Ricker
Stock symbol: BBAI
Transactions as of: Mar 23, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/27/2023, 04:53 PM
Previous filing: Feb 16, 2023
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BBAI	Common Stock	Award	$0	+109K	+140.28%	$0.00	186K	Mar 23, 2023	Direct	F1
transaction	BBAI	Common Stock	Award	$0	+36.7K	+19.7%	$0.00	223K	Mar 23, 2023	Direct	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
transaction	BBAI	Stock Option (Right to Buy)	Award	$0	+46.1K	+184.58%	$0.00	71.1K	Mar 23, 2023	Common Stock	46.1K	$1.84	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on March 23, 2023. 54,348 of the RSUs will vest on March 23, 2024 and 54,348 of the RSUs will vest on March 23, 2025.
F2	Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on March 23, 2023 and vest as follows: 25% of the RSUs will vest on March 23, 2024 and the remaining 75% will vest in equal quarterly installments on the last day of each calendar quarter thereafter, such that the entire award will be vested on December 31, 2026 (subject to the reporting person's continued employment through each vesting date).
F3	The option was granted on March 23, 2023 and vests as follows: 25% of the option will vest on March 23, 2024 and the remaining 75% will vest in equal quarterly installments on the last day of each calendar quarter thereafter, such that the entire award will be vested on December 31, 2026 (subject to the reporting person's continued employment through each vesting date).