NEXTNAV INC. — Director's Dealing 2021

Nov 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEXTNAV INC. (NN)
CIK: 0001865631
Period of Report: 2021-10-28

Reporting Person: Raghupathy Arun (Senior VP, Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-28	Common Stock	A	549105	—	Acquired	549105	Direct
2021-10-28	Common Stock	A	11372	—	Acquired	560477	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-28	Stock Option (right to buy)	$0.28	A	201538	Acquired	2030-10-21	Common Stock (201538)	Direct

Footnotes

F1: Pursuant to the Agreement and Plan of Merger, dated as of June 9, 2021, by and among Spartacus Acquisition Shelf Corp. (now known as NextNav Inc.), Spartacus Acquisition Corp., NextNav Holdings, LLC and the other parties thereto (the "Merger Agreement"), the Reporting Person became a reporting person of "NextNav Inc.", the as-renamed surviving corporation (the "Issuer") of the business combination, which business combination closed on October 28, 2021 (the "Business Combination"). The Reporting Person received shares of common stock of the Issuer in exchange for their holdings in NextNav Holdings, LLC as of the closing of the Business Combination.

F2: Restricted shares of common stock will vest ratably each month through December 2022.

F3: These options were originally granted on 10/21/2020 as fully vested and exercisable options to purchase 561,539 Class A common units of NextNav Holdings, LLC and were automatically converted, pursuant to the Merger Agreement, upon the closing of the Business Combination on 10/28/2021, into fully vested and exercisable options to purchase shares of common stock of the Issuer.