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

Signature
/s/ Christian Gates, by power of attorney
Stock symbol
NN
Transactions as of
Mar 14, 2025
Transactions value $
$0
Form type
4
Date filed
3/18/2025, 04:23 PM
Previous filing
Dec 19, 2024
Next filing
Mar 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Award $0 +15.3K +25.2% $0.00 76K Mar 14, 2025 Direct F1
transaction NN Common Stock Award $0 +9.11K +11.99% $0.00 85.1K Mar 14, 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 +23.9K $0.00 23.9K Mar 14, 2025 Common Stock 23.9K $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.