Alan B. Howe - 17 May 2024 Form 4 Insider Report for NEXTNAV INC. (NN)

Role
Director
Signature
/s/ Christian Gates by power of attorney
Issuer symbol
NN
Transactions as of
17 May 2024
Net transactions value
$0
Form type
4
Filing time
21 May 2024, 16:28:55 UTC
Previous filing
17 May 2024
Next filing
16 May 2025
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 +17,740 +10% $0.000000 190,957 17 May 2024 Direct F1
transaction NN Common Stock Award $0 +125,000 +65% $0.000000 315,957 17 May 2024 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 shares (the "Restricted Shares"). Subject to the Reporting Person's continued service through each of the applicable vesting dates 100% of the Restricted Shares shall vest on May 1, 2025.
F2 Represents a grant of restricted shares (the "Restricted Shares"). Subject to the Reporting Person's continued service through each of the applicable vesting dates 20% of the Restricted Shares shall vest on May 1, 2025, and the remaining portion shall continue to vest in equal annual installments over the subsequent four years.