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

Signature
/s/ David Brant, Attorney-in-Fact
Stock symbol
MIMO
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/17/2021, 12:34 PM
Next filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIMO Common Stock Award +16.3K 16.3K Aug 13, 2021 Direct F1
transaction MIMO Common Stock Award +154K +943.89% 170K Aug 13, 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 Aug 13, 2021 Common Stock 823 $12.50 Direct F1
transaction MIMO Warrants (right to buy) Award +823 823 Aug 13, 2021 Common Stock 823 $15.00 Direct F1
transaction MIMO Warrants (right to buy) Award +823 823 Aug 13, 2021 Common Stock 823 $17.50 Direct F1
transaction MIMO Restricted Stock Units Award $0 +700K $0.00 700K Aug 13, 2021 Common Stock 700K Direct F3, F4
transaction MIMO Stock Option (right to buy) Award +195K 195K Aug 13, 2021 Common Stock 195K $1.94 Direct F5
transaction MIMO Stock Option (right to buy) Award +104K 104K Aug 13, 2021 Common Stock 104K $2.53 Direct F6
transaction MIMO Stock Option (right to buy) Award +83.3K 83.3K Aug 13, 2021 Common Stock 83.3K $2.53 Direct F7
transaction MIMO Stock Option (right to buy) Award +112K 112K Aug 13, 2021 Common Stock 112K $2.66 Direct F8
transaction MIMO Stock Option (right to buy) Award +235K 235K Aug 13, 2021 Common Stock 235K $3.36 Direct F9, F10
transaction MIMO Stock Option (right to buy) Award +290K 290K Aug 13, 2021 Common Stock 290K $5.42 Direct F11, F12
transaction MIMO Stock Option (right to buy) Award +272K 272K Aug 13, 2021 Common Stock 272K $3.96 Direct F13, F14
transaction MIMO Stock Option (right to buy) Award +135K 135K Aug 13, 2021 Common Stock 135K $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.