Eric Stonestrom - 13 Aug 2021 Form 4 Insider Report for Airspan Networks Holdings Inc.

Role
President & CEO, 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, 12:34:56 UTC
Next filing
30 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 Award +16,285 16,285 13 Aug 2021 Direct F1
transaction MIMO Common Stock Award +153,712 +944% 169,997 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 +823 823 13 Aug 2021 Common Stock 823 $12.50 Direct F1
transaction MIMO Warrants (right to buy) Award +823 823 13 Aug 2021 Common Stock 823 $15.00 Direct F1
transaction MIMO Warrants (right to buy) Award +823 823 13 Aug 2021 Common Stock 823 $17.50 Direct F1
transaction MIMO Restricted Stock Units Award $0 +700,000 $0.000000 700,000 13 Aug 2021 Common Stock 700,000 Direct F3, F4
transaction MIMO Stock Option (right to buy) Award +194,803 194,803 13 Aug 2021 Common Stock 194,803 $1.94 Direct F5
transaction MIMO Stock Option (right to buy) Award +103,957 103,957 13 Aug 2021 Common Stock 103,957 $2.53 Direct F6
transaction MIMO Stock Option (right to buy) Award +83,334 83,334 13 Aug 2021 Common Stock 83,334 $2.53 Direct F7
transaction MIMO Stock Option (right to buy) Award +111,566 111,566 13 Aug 2021 Common Stock 111,566 $2.66 Direct F8
transaction MIMO Stock Option (right to buy) Award +234,739 234,739 13 Aug 2021 Common Stock 234,739 $3.36 Direct F9, F10
transaction MIMO Stock Option (right to buy) Award +289,980 289,980 13 Aug 2021 Common Stock 289,980 $5.42 Direct F11, F12
transaction MIMO Stock Option (right to buy) Award +271,924 271,924 13 Aug 2021 Common Stock 271,924 $3.96 Direct F13, F14
transaction MIMO Stock Option (right to buy) Award +135,333 135,333 13 Aug 2021 Common Stock 135,333 $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 2,823 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 26,646 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. Stonestrom's death, (c) Mr. Stonestrom's disability and (d) Mr. Stonestrom's qualifying separation, provided that Mr. Stonestrom continues to be employed by Legacy Airspan, or continues to be a director of Airspan Networks Holdings Inc., through such date or event.
F5 Received in the Merger in exchange for a stock option to acquire 33,769 shares of Legacy Airspan common stock for $11.22 per share.
F6 Received in the Merger in exchange for a stock option to acquire 18,021 shares of Legacy Airspan common stock for $14.61 per share.
F7 Received in the Merger in exchange for a stock option to acquire 14,446 shares of Legacy Airspan common stock for $14.61 per share.
F8 Received in the Merger in exchange for a stock option to acquire 19,340 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 40,692 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 50,268 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 47,138 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 23,460 shares of Legacy Airspan common stock for $36.30 per share.