NEXTNAV INC. — Director's Dealing 2025

Mar 14, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

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	6300000	Acquired	2028-06-30	Common Stock (6300000)	Indirect

Footnotes

F1: 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, into the Issuer's shares of common stock at a price of $12.56 per share, and shall mature on June 30, 2028.