Ganesh Pattabiraman - 21 Nov 2023 Form 4 Insider Report for NEXTNAV INC. (NN)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: NN
Reported as of: 21 Nov 2023
Net transaction value: -$373,361
SEC form: 4
Accepted by SEC: 24 Nov 2023, 14:00:39 UTC
Prior SEC filing: 19 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Christian Gates by power of attorney

Key filing fact

Ganesh Pattabiraman filed Form 4 for NEXTNAV INC. (NN) on 24 Nov 2023.

Key facts

This page summarizes Ganesh Pattabiraman's Form 4 filing for NEXTNAV INC. (NN).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 24 Nov 2023, 14:00.

Change

Previous filing in this sequence was filed on 19 Sep 2023.
Current net transaction value: -$373,361.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NN transaction

Common Stock

Sale

Transaction value: $103,725
Shares: -22,500
Change %: -1.2%
Price: $4.61
Shares after: 1,902,055
Date: 21 Nov 2023
Ownership: Direct
Footnotes: F1

NN transaction

Common Stock

Sale

Transaction value: $269,636
Shares: -62,128
Change %: -3.3%
Price: $4.34
Shares after: 1,839,927
Date: 22 Nov 2023
Ownership: Direct
Footnotes: F1

NN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 627,995
Date: 21 Nov 2023
Ownership: By Trust
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").

Footnote F2

Represents common stock held by the Ganesh M Pattabiraman Family Trust of which Ganesh Pattabiraman and Amuradha Srikantan are the trustees.