Key facts
- This page summarizes Timothy M. Presutti's Form 4 filing for NEXTNAV INC. (NN).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 11 May 2023, 21:44.
Timothy M. Presutti - 09 May 2023 Form 4 Insider Report for NEXTNAV INC. (NN)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- NN
- Reported as of
- 09 May 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 11 May 2023, 21:44:25 UTC
- Prior SEC filing
- 16 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Timothy M. Presutti
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Timothy M. Presutti filed Form 4 for NEXTNAV INC. (NN) on 11 May 2023.
Change
- Previous filing in this sequence was filed on 16 Aug 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NN
transaction
Derivative
Common Stock Purchase Warrant
Purchase
- Transaction value
- Shares
- +37,037
- Change %
- +5.3%
- Price
- Shares after
- 737,252
- Date
- 09 May 2023
- Ownership
- By Reds Road Holdings, LLC
- Underlying class
- Common Stock
- Underlying amount
- 37,037
- Exercise price
- $2.16
- Footnotes
- F1, F2
NN
transaction
Derivative
Common Stock Purchase Warrant
Purchase
- Transaction value
- Shares
- +1,592,593
- Change %
- Price
- Shares after
- 1,592,593
- Date
- 09 May 2023
- Ownership
- By WCCP NextNav Holdings LLC
- Underlying class
- Common Stock
- Underlying amount
- 1,592,593
- Exercise price
- $2.16
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents the issuance by NextNav, Inc. (the "Issuer") of common stock purchase warrants as consideration for entering into a Note Purchase Agreement by and among the Issuer and the purchasers named therein, pursuant to which Reds Road Holdings LLC ("RRH") purchased a note for $100,000 and WCCP NextNav Holdings LLC ("WCCP") purchased a note for $4,300,000.
Footnote F2
Represents common stock purchase warrants held by RRH. Mr. Presutti is the sole member of RRH.
Footnote F3
Represents common stock purchase warrants held by WCCP, whose managing member is Woody Creek Capital Partners LLC ("Woody Creek"). Tim Presutti has sole voting and investment power over the shares held by Woody Creek. Except for possessing voting and dispositive power, the reporting person disclaims beneficial ownership of such common stock purchase warrants except to the extent of his pecuniary interest therein.