Petersen Henrik Smith - 13 Aug 2021 Form 4 Insider Report for Airspan Networks Holdings Inc.

Role
President, Global Bus Dev
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, 12:34:20 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 +19,215 19,215 13 Aug 2021 Direct F1

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 Restricted Stock Units Award $0 +292,250 $0.000000 292,250 13 Aug 2021 Common Stock 292,250 Direct F2, F3
transaction MIMO Stock Option (right to buy) Award +72,080 72,080 13 Aug 2021 Common Stock 72,080 $1.94 Direct F4
transaction MIMO Stock Option (right to buy) Award +25,982 25,982 13 Aug 2021 Common Stock 25,982 $2.53 Direct F5
transaction MIMO Stock Option (right to buy) Award +20,831 20,831 13 Aug 2021 Common Stock 20,831 $2.53 Direct F6
transaction MIMO Stock Option (right to buy) Award +27,897 27,897 13 Aug 2021 Common Stock 27,897 $2.66 Direct F7
transaction MIMO Stock Option (right to buy) Award +58,685 58,685 13 Aug 2021 Common Stock 58,685 $3.36 Direct F8, F9
transaction MIMO Stock Option (right to buy) Award +72,495 72,495 13 Aug 2021 Common Stock 72,495 $5.42 Direct F10, F11
transaction MIMO Stock Option (right to buy) Award +305,694 305,694 13 Aug 2021 Common Stock 305,694 $3.96 Direct F12, F13
transaction MIMO Stock Option (right to buy) Award +56,498 56,498 13 Aug 2021 Common Stock 56,498 $6.29 Direct F14, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 3,331 restricted 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 Each restricted stock unit ("RSU") represents a right to receive one share of Airspan Networks Holdings Inc. common stock.
F3 The RSUs vest on the earliest to occur of (a) August 13, 2022, (b) Mr. Smith-Petersen's death, (c) Mr. Smith-Petersen's disability and (d) Mr. Smith-Petersen's qualifying separation, provided that Mr. Smith-Petersen continues to be employed by Legacy Airspan through such date or event.
F4 Received in the Merger in exchange for a stock option to acquire 12,495 shares of Legacy Airspan common stock for $11.22 per share.
F5 Received in the Merger in exchange for a stock option to acquire 4,504 shares of Legacy Airspan common stock for $14.61 per share.
F6 Received in the Merger in exchange for a stock option to acquire 3,611 shares of Legacy Airspan common stock for $14.61 per share.
F7 Received in the Merger in exchange for a stock option to acquire 4,836 shares of Legacy Airspan common stock for $15.32 per share.
F8 The stock option vests as to 25% on April 27, 2018, and in 36 equal monthly installments thereafter.
F9 Received in the Merger in exchange for a stock option to acquire 10,173 shares of Legacy Airspan common stock for $19.37 per share.
F10 The stock option vests as to 25% on January 29, 2020, and in 36 equal monthly installments thereafter.
F11 Received in the Merger in exchange for a stock option to acquire 12,567 shares of Legacy Airspan common stock for $31.26 per share.
F12 The stock option vests as to 25% on February 11, 2021, and in 36 equal monthly installments thereafter.
F13 Received in the Merger in exchange for a stock option to acquire 52,992 shares of Legacy Airspan common stock for $22.86 per share.
F14 The stock option vests as to 25% on January 28, 2022, and in 36 equal monthly installments thereafter.
F15 Received in the Merger in exchange for a stock option to acquire 9,794 shares of Legacy Airspan common stock for $36.30 per share.