Christian Gates - Mar 17, 2025 Form 4 Insider Report for NEXTNAV INC. (NN)

Signature
/s/ Christian Gates
Stock symbol
NN
Transactions as of
Mar 17, 2025
Transactions value $
-$222,791
Form type
4
Date filed
3/19/2025, 05:38 PM
Previous filing
Mar 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NN Common Stock Sale -$50.3K -4.48K -0.52% $11.24 858K Mar 17, 2025 Direct F1
transaction NN Common Stock Sale -$14.1K -1.25K -0.15% $11.23 857K Mar 17, 2025 Direct F2, F3
transaction NN Common Stock Sale -$134K -11.8K -1.38% $11.37 845K Mar 18, 2025 Direct F2, F4
transaction NN Common Stock Sale -$24.2K -2.04K -0.24% $11.86 843K Mar 18, 2025 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units ("RSUs").
F2 Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted RSUs. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.
F3 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.98 to $11.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnotes 3, 4 and 5 to this Form 4.
F4 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.81 to $11.80, inclusive.
F5 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.81 to $11.91, inclusive.