Eli Leizerovitz - 21 Jun 2022 Form 4 Insider Report for Airspan Networks Holdings Inc. (MIMO)

Signature
/s/ Christopher J. Riley, Attorney-in-Fact
Issuer symbol
MIMO
Transactions as of
21 Jun 2022
Net transactions value
$0
Form type
4
Filing time
22 Jun 2022, 17:00:53 UTC
Previous filing
27 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIMO Common Stock Award $0 +154,620 +281% $0.000000 209,620 21 Jun 2022 Direct F1, 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 MIMO Stock Option (right to buy) Award $0 +133,986 $0.000000 133,986 21 Jun 2022 Common Stock 133,986 $2.43 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The grant was approved by the compensation committee (the "Compensation Committee") of the board of directors of Airspan Networks Holdings Inc. (the "Company") on April 26, 2022, subject to stockholder approval of the Airspan Networks Holdings Inc. Amended and Restated 2021 Stock Incentive Plan (the "Plan"). The Company's stockholders approved the Plan on June 21, 2022.
F2 The reported transaction involved the reporting person's receipt of a grant of 154,620 restricted stock units under the Plan.
F3 The grant was approved by the Compensation Committee on April 26, 2022, with a prospective grant date of May 13, 2022, subject to stockholder approval of the Plan. The Company's stockholders approved the Plan on June 21, 2022.
F4 The stock option vests as to 25% on April 26, 2023, and in 36 equal monthly installments thereafter.