NEXTNAV INC. — Director's Dealing 2023

May 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEXTNAV INC. (NN)
CIK: 0001865631
Period of Report: 2023-05-09

Reporting Person: Presutti Timothy M. (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-09	Common Stock Purchase Warrant	$2.16	P	37037	Acquired	2027-06-01	Common Stock (37037)	Indirect
2023-05-09	Common Stock Purchase Warrant	$2.16	P	1592593	Acquired	2027-06-01	Common Stock (1592593)	Indirect

Footnotes

F1: Represents the issuance by NextNav, Inc. (the "Issuer") of common stock purchase warrants as consideration for entering into a Note Purchase Agreement by and among the Issuer and the purchasers named therein, pursuant to which Reds Road Holdings LLC ("RRH") purchased a note for $100,000 and WCCP NextNav Holdings LLC ("WCCP") purchased a note for $4,300,000.

F2: Represents common stock purchase warrants held by RRH. Mr. Presutti is the sole member of RRH.

F3: Represents common stock purchase warrants held by WCCP, whose managing member is Woody Creek Capital Partners LLC ("Woody Creek"). Tim Presutti has sole voting and investment power over the shares held by Woody Creek. Except for possessing voting and dispositive power, the reporting person disclaims beneficial ownership of such common stock purchase warrants except to the extent of his pecuniary interest therein.