Neil S. Subin - Mar 12, 2025 Form 4/A - Amendment Insider Report for NEXTNAV INC. (NN)

Role: Director
Signature: /s/ Christian Gates by power of attorney
Stock symbol: NN
Transactions as of: Mar 12, 2025
Transactions value $: $3,160,029,600,000
Form type: 4/A - Amendment
Date filed: 3/31/2025, 09:19 PM
Date Of Original Report: Mar 14, 2025
Previous filing: Dec 2, 2024
Next filing: Jul 1, 2025
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	5.00% Senior Secured Convertible Notes due 2028	Purchase	$3.16T	+502K		$6,300,000.00^*	502K	Mar 12, 2025	Common Stock	502K	$12.56	Persian Road I, LP	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 4/A is being filed to correct (1) the number of derivative securities acquired, in Column 5 of Table II; (2) the number of shares underlying derivative security, in Column 7 of Table II; and (3) the number of derivative securities beneficially owned following reported transaction, in Column 9 of Table II, which were inadvertently reported incorrectly on the reporting person's Form 4 filed with the U.S. Securities and Exchange Commission on March 14, 2025.
F2	Pursuant to a Note Purchase Agreement with NextNav Inc. (the "Issuer"), dated March 12, 2025 (the "NPA"), the reporting person, through Persian Road I, LP, a limited partnership managed by the reporting person, purchased $6,300,000 aggregate principal amount of the Issuer's 5.00% Senior Secured Convertible Notes due 2028 (the "2028 Notes"), at a price of 100% of the principal amount. The 2028 Notes are convertible, as of the date the 2028 Notes are issued upon the closing of the NPA on March 27, 2025, into the Issuer's shares of common stock at a price of $12.56 per share, and shall mature on June 30, 2028.

Content

This Form 4/A is being filed to correct (1) the number of derivative securities acquired, in Column 5 of Table II; (2) the number of shares underlying derivative security, in Column 7 of Table II; and (3) the number of derivative securities beneficially owned following reported transaction, in Column 9 of Table II, which were inadvertently reported incorrectly on the reporting person's Form 4 filed with the U.S. Securities and Exchange Commission on March 14, 2025.

Pursuant to a Note Purchase Agreement with NextNav Inc. (the "Issuer"), dated March 12, 2025 (the "NPA"), the reporting person, through Persian Road I, LP, a limited partnership managed by the reporting person, purchased $6,300,000 aggregate principal amount of the Issuer's 5.00% Senior Secured Convertible Notes due 2028 (the "2028 Notes"), at a price of 100% of the principal amount. The 2028 Notes are convertible, as of the date the 2028 Notes are issued upon the closing of the NPA on March 27, 2025, into the Issuer's shares of common stock at a price of $12.56 per share, and shall mature on June 30, 2028.