NEXTNAV INC. — Director's Dealing 2023

Aug 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEXTNAV INC. (NN)
CIK: 0001865631
Period of Report: 2023-08-23

Reporting Person: OSI Capital Management LLC (N/A)
Reporting Person: WOCAP Global Opportunity Investment Partners, L.P. (N/A)
Reporting Person: Halliday Edward Neil (N/A)
Reporting Person: Turchiaro Tivin (N/A)
Reporting Person: Forrest Roderick M. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-23	Common Stock	J	670765	$0.00	Acquired	13235166	Direct

Footnotes

F1: This Form 4 is filed jointly by OSI Capital Management LLC, a Delaware limited liability company ("OSI"), Black Feathers, L.P. f/k/a WOCAP Global Opportunity Investment Partners, L.P., a Bermuda limited partnership ("Black Feathers LP"), Edward Neil Halliday ("Halliday"), Tivin Turchiaro ("Turchiaro") and Roderick M. Forrest ("Forrest" and collectively with OSI, Black Feathers LP, Halliday and Turchiaro, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his, her or its pecuniary interest therein.

F2: This Form 4 is being filed as a result of a transfer of 670,765 shares of common stock, par value $0.0001 per share ("Common Stock"), of NextNav Inc. (the "Issuer") to Black Feathers LP in connection with an internal restructuring involving Black Feathers LP, OSI, Black Feathers LP's former investment manager and other parties. No purchase price was paid specifically for the transfer of such shares of Common Stock to Black Feathers LP.

F3: Represents shares of Common Stock of the Issuer directly owned by Black Feathers LP, whose general partner is OSI. OSI, as general partner of Black Feathers LP, and Halliday, Turchiaro, and Forrest, as the managers of OSI, have the shared power to vote and to dispose of the shares of Common Stock of the Issuer directly owned by Black Feathers LP. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of OSI, Halliday, Turchiaro and Forrest may be deemed to beneficially own the shares of Common Stock of the Issuer directly owned by Black Feathers LP.