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NEXTNAV INC. — Director's Dealing 2025
Mar 31, 2025
31677_dirs_2025-03-31_554bbc0f-675a-490e-97d6-07b1a8c9891b.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: NEXTNAV INC. (NN)
CIK: 0001865631
Period of Report: 2025-03-12
Reporting Person: SUBIN NEIL S (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-12 | 5.00% Senior Secured Convertible Notes due 2028 | $12.56 | P | 501592 | Acquired | 2028-06-30 | Common Stock (501592) | Indirect |
Footnotes
F1: This Form 4/A is being filed to correct (1) the number of derivative securities acquired, in Column 5 of Table II; (2) the number of shares underlying derivative security, in Column 7 of Table II; and (3) the number of derivative securities beneficially owned following reported transaction, in Column 9 of Table II, which were inadvertently reported incorrectly on the reporting person's Form 4 filed with the U.S. Securities and Exchange Commission on March 14, 2025.
F2: Pursuant to a Note Purchase Agreement with NextNav Inc. (the "Issuer"), dated March 12, 2025 (the "NPA"), the reporting person, through Persian Road I, LP, a limited partnership managed by the
reporting person, purchased $6,300,000 aggregate principal amount of the Issuer's 5.00% Senior Secured Convertible Notes due 2028 (the "2028 Notes"), at a price of 100% of the principal amount.
The 2028 Notes are convertible, as of the date the 2028 Notes are issued upon the closing of the NPA on March 27, 2025, into the Issuer's shares of common stock at a price of $12.56 per share, and
shall mature on June 30, 2028.