David Mark Elias Brant - 13 Aug 2021 Form 4 Insider Report for Airspan Networks Holdings Inc.

Role
SVP & CFO
Signature
/s/ David Brant
Issuer symbol
N/A
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 12:28:58 UTC
Next filing
22 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIMO Common Stock Award +1,633 1,633 13 Aug 2021 Direct F1
transaction MIMO Common Stock Award +76,856 +4706% 78,489 13 Aug 2021 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 MIMO Warrants (right to buy) Award +83 83 13 Aug 2021 Common Stock 83 $12.50 Direct F1
transaction MIMO Warrants (right to buy) Award +83 83 13 Aug 2021 Common Stock 83 $15.00 Direct F1
transaction MIMO Warrants (right to buy) Award +83 83 13 Aug 2021 Common Stock 83 $17.50 Direct F1
transaction MIMO Restricted Stock Units Award $0 +350,000 $0.000000 350,000 13 Aug 2021 Common Stock 350,000 Direct F3, F4
transaction MIMO Stock Option (right to buy) Award +97,404 97,404 13 Aug 2021 Common Stock 97,404 $1.94 Direct F5
transaction MIMO Stock Option (right to buy) Award +51,976 51,976 13 Aug 2021 Common Stock 51,976 $2.53 Direct F6
transaction MIMO Stock Option (right to buy) Award +41,667 41,667 13 Aug 2021 Common Stock 41,667 $2.53 Direct F7
transaction MIMO Stock Option (right to buy) Award +55,783 55,783 13 Aug 2021 Common Stock 55,783 $2.66 Direct F8
transaction MIMO Stock Option (right to buy) Award +117,370 117,370 13 Aug 2021 Common Stock 117,370 $3.36 Direct F9, F10
transaction MIMO Stock Option (right to buy) Award +144,990 144,990 13 Aug 2021 Common Stock 144,990 $5.42 Direct F11, F12
transaction MIMO Stock Option (right to buy) Award +135,962 135,962 13 Aug 2021 Common Stock 135,962 $3.96 Direct F13, F14
transaction MIMO Stock Option (right to buy) Award +67,667 67,667 13 Aug 2021 Common Stock 67,667 $6.29 Direct F15, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 283 shares of Airspan Networks Inc. ("Legacy Airspan") common stock in connection with the merger of Artemis Merger Sub Corp. ("Merger Sub") with and into Legacy Airspan (the "Merger") pursuant to that certain Business Combination Agreement, dated as of March 8, 2021, by and among Airspan Networks Holdings Inc. (f/k/a New Beginnings Acquisition Corp.), Legacy Airspan and Merger Sub.
F2 Received in the Merger in exchange for 13,323 restricted shares of Airspan Legacy common stock.
F3 Each restricted stock unit ("RSU") represents a right to receive one share of Airspan Networks Holdings Inc. common stock.
F4 The RSUs vest on the earliest to occur of (a) August 13, 2022, (b) Mr. Brant's death, (c) Mr. Brant's disability and (d) Mr. Brant's qualifying separation, provided that Mr. Brant continues to be employed by Legacy Airspan through such date or event.
F5 Received in the Merger in exchange for a stock option to acquire 16,885 shares of Legacy Airspan common stock for $11.22 per share.
F6 Received in the Merger in exchange for a stock option to acquire 9,010 shares of Legacy Airspan common stock for $14.61 per share.
F7 Received in the Merger in exchange for a stock option to acquire 7,223 shares of Legacy Airspan common stock for $14.61 per share.
F8 Received in the Merger in exchange for a stock option to acquire 9,670 shares of Legacy Airspan common stock for $15.32 per share.
F9 The stock option vests as to 25% on April 27, 2018, and in 36 equal monthly installments thereafter.
F10 Received in the Merger in exchange for a stock option to acquire 20,346 shares of Legacy Airspan common stock for $19.37 per share.
F11 The stock option vests as to 25% on January 29, 2020, and in 36 equal monthly installments thereafter.
F12 Received in the Merger in exchange for a stock option to acquire 25,134 shares of Legacy Airspan common stock for $31.26 per share.
F13 The stock option vests as to 25% on February 11, 2021, and in 36 equal monthly installments thereafter.
F14 Received in the Merger in exchange for a stock option to acquire 23,569 shares of Legacy Airspan common stock for $22.86 per share.
F15 The stock option vests as to 25% on January 28, 2022, and in 36 equal monthly installments thereafter.
F16 Received in the Merger in exchange for a stock option to acquire 11,730 shares of Legacy Airspan common stock for $36.30 per share.