Sammaad Shams - 27 Dec 2021 Form 4 Insider Report for NEXTNAV INC. (NN)

Role: Corporate Controller
Signature: /s/ Christian Gates, by power of attorney
Issuer symbol: NN
Transactions as of: 27 Dec 2021
Transactions value $: $0
Form type: 4
Filing time: 29 Dec 2021, 15:50:54 UTC
Previous filing: 28 Oct 2021
Next filing: 31 Jan 2022
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	+13,750		$0.000000	13,750	27 Dec 2021	Direct	F1

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	+13,750		$0.000000	13,750	27 Dec 2021	Common Stock	13,750	$9.31	Direct	F2

* 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 (the "RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on the one year anniversary of July 22, 2021, and 1/8 of the RSUs shall vest at the end of each consecutive six-month period thereafter.
F2	Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on the one year anniversary of July 22, 2021, and 1/16 of the Options shall vest at the end of each consecutive three-month period thereafter.