Eric Stonestrom - Jun 21, 2022 Form 4 Insider Report for Airspan Networks Holdings Inc. (MIMO)

Role
CEO, Director
Signature
/s/ Christopher J. Riley, Attorney-in-Fact
Stock symbol
MIMO
Transactions as of
Jun 21, 2022
Transactions value $
$0
Form type
4
Date filed
6/22/2022, 05:01 PM
Previous filing
Dec 9, 2021
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIMO Common Stock Award $0 +838K +95.23% $0.00 1.72M Jun 21, 2022 Direct 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 Stock Option (right to buy) Award $0 +477K $0.00 477K Jun 21, 2022 Common Stock 477K $2.43 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The grant was approved by the compensation committee (the "Compensation Committee") of the board of directors of Airspan Networks Holdings Inc. (the "Company") on April 26, 2022, subject to stockholder approval of the Airspan Networks Holdings Inc. Amended and Restated 2021 Stock Incentive Plan (the "Plan"). The Company's stockholders approved the Plan on June 21, 2022.
F2 The reported transaction involved the reporting person's receipt of a grant of 838,480 restricted stock units under the Plan. The reporting person has reported prior awards of restricted stock units in Table II of Form 4. The total reported in Column 5 includes the 838,480 newly-awarded restricted stock units, 700,000 restricted stock units previously reported in Table II and 180,997 shares of common stock.
F3 The grant was approved by the Compensation Committee on April 26, 2022, with a prospective grant date of May 13, 2022, subject to stockholder approval of the Plan. The Company's stockholders approved the Plan on June 21, 2022.
F4 The stock option vests as to 25% on April 26, 2023, and in 36 equal monthly installments thereafter.