Avi S. Katz - Nov 20, 2023 Form 4 Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role: Director
Signature: /s/ Dr. Avi S. Katz
Stock symbol: BBAI
Transactions as of: Nov 20, 2023
Transactions value $: -$23,920
Form type: 4
Date filed: 11/22/2023, 07:35 AM
Previous filing: Oct 10, 2023
Next filing: Nov 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BBAI	Common Stock	Sale	-$23.9K	-13K	-1.39%	$1.84	924K	Nov 20, 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.81 to $1.87, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	The reported amount (i) corrects an understatement of the amount held after a transaction reported on a Form 4 filed by the reporting person on May 24, 2022, June 15, 2022, March 17, 2023, March 21, 2023, and July 5, 2023 (which did not give effect to the grant of 13,000 RSUs that were timely reported in the previous Form 4 filing) and (ii) includes 600 shares of common stock that were part of the 266,600 shares sold on March 17, 2023 but which transaction was inadvertently reported as a sale of 266,000 shares in the Form 4 filed on March 21, 2023.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.81 to $1.87, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported amount (i) corrects an understatement of the amount held after a transaction reported on a Form 4 filed by the reporting person on May 24, 2022, June 15, 2022, March 17, 2023, March 21, 2023, and July 5, 2023 (which did not give effect to the grant of 13,000 RSUs that were timely reported in the previous Form 4 filing) and (ii) includes 600 shares of common stock that were part of the 266,600 shares sold on March 17, 2023 but which transaction was inadvertently reported as a sale of 266,000 shares in the Form 4 filed on March 21, 2023.