NEXTNAV INC. — Director's Dealing 2021

Oct 28, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Columbia Capital IV, LLC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9714408	Indirect

Footnotes

F1: Consists of (i) 86,652 shares held of record by Columbia Capital Employee Investors IV, L.P. ("CCEI IV"), (ii) 8,572,962 shares held of record by Columbia Capital Equity Partners IV (ECI), LTD ("CCEP IV (ECI)") and (iii) 1,054,794 shares held of record by Columbia Capital Equity Partners IV (QPCO), L.P. ("CCEP IV (QPCO)"), (collectively, the "Columbia Entities"). Columbia Capital Equity Partners IV (QP), L.P. ("CCEP IV (QP)") is the sole shareholder of CCEP IV (ECI). Columbia Capital Equity Partners IV, L.P. ("CCEP IV") is the general partner of both CCEP IV (QP) and CCEP IV (QPCO). Columbia Capital IV, LLC is the general partner of both CCEI IV and CCEP IV. James B. Fleming, Jr. is the sole manager of Columbia Capital IV, LLC and as a result, he exercises shared voting and investment control over all the common stock held by CCEI IV, CCEP IV (ECI), and CCEP IV (QP) and may be deemed to have beneficial ownership over all those shares.

F2: Each of the foregoing entities and Mr. Fleming disclaims beneficial ownership of the shares held of record by the Columbia Entities, except to the extent of their or his pecuniary interest therein, and this report shall not be deemed an admission that they or he is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Due to the limitations of the electronic filing system, James B. Fleming, Jr. is filing a separate Form 3.

F3: 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 Reporting Persons became reporting persons 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 Persons 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.