Arun Raghupathy - 15 Mar 2024 Form 4 Insider Report for NEXTNAV INC. (NN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Mar 2024, 17:37:21 UTC
Prior SEC filing
24 Nov 2023
Next SEC filing
22 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christian Gates by power of attorney

Key filing fact

Arun Raghupathy filed Form 4 for NEXTNAV INC. (NN) on 19 Mar 2024.

Key facts

  • This page summarizes Arun Raghupathy's Form 4 filing for NEXTNAV INC. (NN).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Mar 2024, 17:37.

Change

  • Previous filing in this sequence was filed on 24 Nov 2023.
  • Current net transaction value: -$99,604.

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

Award

Transaction value
$0
Shares
+23
Change %
+0%
Price
$0.000000
Shares after
1,065,850
Date
15 Mar 2024
Ownership
Direct
Footnotes
F1
NN transaction

Common Stock

Award

Transaction value
$0
Shares
+88,235
Change %
+8.3%
Price
$0.000000
Shares after
1,154,085
Date
15 Mar 2024
Ownership
Direct
Footnotes
F2
NN transaction

Common Stock

Sale

Transaction value
$99,604
Shares
-23,547
Change %
-2%
Price
$4.23
Shares after
1,130,538
Date
18 Mar 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+138,761
Change %
+27%
Price
$0.000000
Shares after
651,756
Date
15 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
138,761
Exercise price
$4.68
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents a bonus grant of restricted stock units (the "RSUs"). 100% of the RSU's vested on March 15, 2024 (grant date).

Footnote F2

Represents a grant of restricted stock units (the "RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on the one-year anniversary of March 15, 2025, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter.

Footnote F3

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

Footnote F4

Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options vested on the one-year anniversary of March 15, 2025, and 1/16 of the Options shall vest at the end of each consecutive three-month period (quarterly) thereafter.

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