Sammaad Shams - 14 Mar 2025 Form 4 Insider Report for NEXTNAV INC. (NN)

Role: Chief Accounting Officer
Signature: /s/ Christian Gates, by power of attorney
Issuer symbol: NN
Transactions as of: 14 Mar 2025
Transactions value $: $0
Form type: 4
Filing time: 18 Mar 2025, 16:23:58 UTC
Previous filing: 19 Dec 2024
Next filing: 19 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NN	Common Stock	Award	$0	+15,297	+25%	$0	75,992	14 Mar 2025	Direct	F1
transaction	NN	Common Stock	Award	$0	+9,113	+12%	$0	85,105	14 Mar 2025	Direct	F2

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	NN	Stock Option (Right to Buy)	Award	$0	+23,873		$0	23,873	14 Mar 2025	Common Stock	23,873	$12.14	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.
F2	Represents a bonus grant of RSUs. 100% of the RSUs vested on March 14, 2025 (the grant date).
F3	Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the Options shall vest quarterly in substantially equal installments thereafter.