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NEXTNAV INC. — Director's Dealing 2024
Mar 19, 2024
31677_dirs_2024-03-19_4694b1aa-f74c-49eb-80ee-8f85c4657b5d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEXTNAV INC. (NN)
CIK: 0001865631
Period of Report: 2024-03-15
Reporting Person: Raghupathy Arun (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | A | 23.215 | $0.00 | Acquired | 1065850 | Direct |
| 2024-03-15 | Common Stock | A | 88235 | $0.00 | Acquired | 1154085 | Direct |
| 2024-03-18 | Common Stock | S | 23547 | $4.23 | Disposed | 1130538 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Stock Option (Right to Buy) | $4.68 | A | 138761 | Acquired | 2034-03-15 | Common Stock (138761) | Direct |
Footnotes
F1: Represents a bonus grant of restricted stock units (the "RSUs"). 100% of the RSU's vested on March 15, 2024 (grant date).
F2: 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, 2025, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter.
F3: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").
F4: 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, 2025, and 1/16 of the Options shall vest at the end of each consecutive three-month period (quarterly) thereafter.