Julie Peffer - 13 Jun 2022 Form 4 Insider Report for BigBear.ai Holdings, Inc. (BBAI)

Role
Chief Financial Officer
Signature
/s/ Julie Peffer
Issuer symbol
BBAI
Transactions as of
13 Jun 2022
Transactions value $
$0
Form type
4
Filing time
13 Jun 2022, 16:35:13
Previous filing
08 Mar 2024
Next filing
30 Dec 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BBAI Restricted Stock Units Award $0 +40.5K $0.00 40.5K 13 Jun 2022 Common Stock 40.5K $0.00 Direct F1
transaction BBAI Stock Option (Right to Buy) Award $0 +101K $0.00 101K 13 Jun 2022 Common Stock 101K $4.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to receive one share of BigBear.ai Holdings, Inc.'s Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on June 13, 2022. 25% of the RSUs will vest on June 13, 2023 and the remaining 75% will vest in equal installments on each quarterly anniversary thereafter, such that the entire award will be vested on June 13, 2026 (subject to the Reporting Person's continued employment through each vesting date).
F2 The option was granted on June 13, 2022 and vests as follows: 25% of the option will vest on June 13, 2023 and the remaining 75% will vest in equal quarterly installments on each quarterly anniversary of the date of grant thereafter, such that the entire award will be vested on June 13, 2026 (subject to the Reporting Person's continued employment through each vesting date).