Sammaad Shams - 27 Jan 2022 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 Jan 2022
Transactions value $
$0
Form type
4
Filing time
31 Jan 2022, 15:00:59 UTC
Previous filing
29 Dec 2021
Next filing
22 Mar 2022
SEC
View on sec.gov

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 +6,296 +46% $0 20,046 27 Jan 2022 Common Stock 6,296 $7.69 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.