NEXTNAV INC. — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEXTNAV INC. (NN)
CIK: 0001865631
Period of Report: 2023-03-15

Reporting Person: Gates Christian D. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Common Stock	A	139276	$0.00	Acquired	739108	Direct
2023-03-15	Common Stock	A	21693	$0.00	Acquired	760801	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-15	Stock Option (Right to Buy)	$2.96	A	233935	Acquired	2033-03-15	Common Stock (233935)	Direct

Footnotes

F1: 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, 2024, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter.

F2: Represents a bonus grant of restricted stock units (the "RSUs"). 25% of the RSU's vested on March 15, 2023 (grant date). Subject to the Reporting Person's continued service, the balance vest on six months anniversary - September 15, 2023.

F3: 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, 2024, and 1/16 of the Options shall vest at the end of each consecutive three-month period (quarterly) thereafter.