Ganesh Pattabiraman - 27 Jan 2022 Form 4 Insider Report for NEXTNAV INC. (NN)

Role: CEO, President & Director, Director
Signature: /s/ Christian Gates, by power of attorney
Issuer symbol: NN
Transactions as of: 27 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 31 Jan 2022, 15:00:53 UTC
Previous filing: 29 Dec 2021
Next filing: 15 Nov 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	+89,041	+4.7%	$0.000000	2,000,274	27 Jan 2022	Direct	F1
holding	NN	Common Stock						627,995	27 Jan 2022	By Trust	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	+155,044		$0.000000	155,044	27 Jan 2022	Common Stock	155,044	$7.69	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 (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 January 27, 2022, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter.
F2	Represents common stock held by the Ganesh M Pattabiraman Family Trust, of which Ganesh Pattabiraman and Anuradha Srikantan are the trustees.
F3	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 January 27, 2022, and 1/16 of the Options shall vest at the end of each consecutive three-month period thereafter.