Sandesh Kaveripatnam - 29 Oct 2025 Form 3 Insider Report for Navan, Inc. (NAVN)

Role
Director
Signature
/s/ Sandesh Patnam
Issuer symbol
NAVN
Transactions as of
29 Oct 2025
Net transactions value
$0
Form type
3
Filing time
29 Oct 2025, 21:34:49 UTC
Previous filing
27 Jun 2022
Next filing
04 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kaveripatnam Sandesh Director C/O NAVAN, INC., 3045 PARK BOULEVARD, PALO ALTO /s/ Sandesh Patnam 29 Oct 2025 0001753516

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
holding NAVN Series G Preferred Stock 29 Oct 2025 Class A Common Stock 2,705,707 By PI Opportunities Fund II F1, F2
holding NAVN Simple Agreement for Future Equity 29 Oct 2025 Class A Common Stock 5,089,572 By Napean Trading and Investment Company (Singapore) PTE. LTC. F3, F4
holding NAVN Simple Agreement for Future Equity 29 Oct 2025 Class A Common Stock 30,537 Direct F5
holding NAVN Warrant (Right to Buy) 29 Oct 2025 Class A Common Stock 784,685 $0.0300 By Napean Trading and Investment Company (Singapore) PTE. LTC. F4, F6
holding NAVN Warrant (Right to Buy) 29 Oct 2025 Class A Common Stock 4,708 $0.0300 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series G Preferred Stock is convertible into Class A Common Stock on a ratio dependent on the public offering price of the Class A Common Stock in the Issuer's initial public offering (the "IPO") and has no expiration date. Upon the closing of the IPO, all shares of Series G Preferred Stock will be converted into shares of Class A Common Stock of the Issuer.
F2 These securities are held by PI Opportunities Fund II ("PI Fund II"), a fund within the Premji Invest Group ("PI"). The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by PI Fund II except to the extent of his pecuniary interest, if any, therein.
F3 This Simple Agreement for Future Equity in the principal amount of $100,000,000, plus accrued interest thereon in the aggregate amount of $8,153,424.66, will automatically convert into shares of Class A Common Stock at $21.25 per share upon the closing of the IPO and has no expiration date.
F4 These securities are held by Napean Trading and Investment Company (Singapore) Pte Ltd ("Napean Singapore"), an entity within PI. The Reporting Person is employed by PI International Holdings LLC, an entity within PI, and is a managing partner within PI. The Reporting Person disclaims beneficial ownership of the securities held by Napean Singapore except to the extent of his pecuniary interest, if any, therein.
F5 This Simple Agreement for Future Equity in the principal amount of $600,000, plus accrued interest thereon in the aggregate amount of $48,920.55, will automatically convert into shares of Class A Common Stock at $21.25 per share upon the closing of the IPO and has no expiration date.
F6 The holder of these warrants has irrevocably committed to exercise the warrants upon the closing of the IPO.