Jarvis Scot B - 13 Aug 2021 Form 4 Insider Report for Airspan Networks Holdings Inc.

Role
Director
Signature
/s/ David Brant, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 12:31:40 UTC
Previous filing
04 Aug 2021
Next filing
01 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIMO Common Stock Other +251,910 251,910 13 Aug 2021 See footnote F1, 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) Other +12,727 12,727 13 Aug 2021 Common Stock 12,727 $12.50 See footnote F1, F2
transaction MIMO Warrants (right to buy) Other +12,727 12,727 13 Aug 2021 Common Stock 12,727 $15.00 See footnote F1, F2
transaction MIMO Warrants (right to buy) Other +12,727 12,727 13 Aug 2021 Common Stock 12,727 $17.50 See footnote F1, F2
transaction MIMO Stock Option (right to buy) Award +12,178 12,178 13 Aug 2021 Common Stock 12,178 $1.94 Direct F3
transaction MIMO Stock Option (right to buy) Award +6,490 6,490 13 Aug 2021 Common Stock 6,490 $2.53 Direct F4
transaction MIMO Stock Option (right to buy) Award +5,209 5,209 13 Aug 2021 Common Stock 5,209 $2.53 Direct F5
transaction MIMO Stock Option (right to buy) Award +6,974 6,974 13 Aug 2021 Common Stock 6,974 $2.66 Direct F6
transaction MIMO Stock Option (right to buy) Award +14,676 14,676 13 Aug 2021 Common Stock 14,676 $3.36 Direct F7, F8
transaction MIMO Stock Option (right to buy) Award +18,125 18,125 13 Aug 2021 Common Stock 18,125 $5.42 Direct F9, F10
transaction MIMO Stock Option (right to buy) Award +14,918 14,918 13 Aug 2021 Common Stock 14,918 $3.96 Direct F11, F12
transaction MIMO Stock Option (right to buy) Award +8,451 8,451 13 Aug 2021 Common Stock 8,451 $6.29 Direct F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for (a) 16,260 shares of Airspan Networks Inc. ("Legacy Airspan") Series D Preferred Stock, (b) 4,065 shares of Legacy Airspan Series G Senior Preferred Stock, (c) 4,066 shares of Legacy Airspan Series H Senior Preferred Stock and (d) warrants exercisable for 2,033 shares of Legacy Airspan Series H Senior Preferred 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 The securities are held by Connis Point Partners, LLC, of which Mr. Jarvis is the Managing Member.
F3 Received in the Merger in exchange for a stock option to acquire 2,111 shares of Legacy Airspan common stock for $11.22 per share.
F4 Received in the Merger in exchange for a stock option to acquire 1,125 shares of Legacy Airspan common stock for $14.61 per share.
F5 Received in the Merger in exchange for a stock option to acquire 903 shares of Legacy Airspan common stock for $14.61 per share.
F6 Received in the Merger in exchange for a stock option to acquire 1,209 shares of Legacy Airspan common stock for $15.32 per share.
F7 The stock option vests as to 25% on April 27, 2018, and in 36 equal monthly installments thereafter.
F8 Received in the Merger in exchange for a stock option to acquire 2,544 shares of Legacy Airspan common stock for $19.37 per share.
F9 The stock option vests as to 25% on January 29, 2020, and in 36 equal monthly installments thereafter.
F10 Received in the Merger in exchange for a stock option to acquire 3,142 shares of Legacy Airspan common stock for $31.26 per share.
F11 The stock option vests as to 25% on February 11, 2021, and in 36 equal monthly installments thereafter.
F12 Received in the Merger in exchange for a stock option to acquire 2,586 shares of Legacy Airspan common stock for $22.86 per share.
F13 The stock option vests as to 25% on January 28, 2022, and in 36 equal monthly installments thereafter.
F14 Received in the Merger in exchange for a stock option to acquire 1,465 shares of Legacy Airspan common stock for $36.30 per share.