Form 4 for NN NEXTNAV INC.
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001213900-24-024112 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-19 | 2024-03-15 | NN | Lantz Robert | GC | A - Grant | $0.00 | +54.9K | 99.2K | +124% | $0 |
| DM | 2024-03-19 | 2024-03-18+ | NN | Lantz Robert | GC | S - Sale | $4.33 | -10.8K | 88.4K | -11% | -$46.8K |
| D | 2024-03-19 | 2024-03-15 | NN | Lantz Robert | GC | A - Grant | $0.00 | +53.8K | 117.7K | +84% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-15 | A | A | 20,626 | $0.00 | 64,969 | D | — | — | (F1) Represents a bonus grant of restricted stock units (the "RSUs"). 100% of the RSU's vested on March 15, 2024 (grant date). |
| 2 | Common | Common Stock | 2024-03-15 | A | A | 34,240 | $0.00 | 99,209 | D | — | — | (F2) 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 March 15, 2025, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter. |
| 3 | Common | Common Stock | 2024-03-18 | S | D | 8,776 | $4.23 | 90,433 | D | — | — | (F4) Represents the sale of securities for tax purpose of shares granted and immediately vesting that are not subject to the existing plan under Rule 10b5-1. (F3) Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). |
| 4 | Common | Common Stock | 2024-03-19 | S | D | 2,032 | $4.75 | 88,401 | D | — | — | (F3) Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). |
| 5 | Derivative | Stock Option (Right to Buy) | 2024-03-15 | A | A | 53,848 | $0.00 | 117,693 | D | $4.68 · — to 2034-03-15 | 53,848 Common Stock | (F5) 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 vested on the one-year anniversary of March 15, 2025, and 1/16 of the Options shall vest at the end of each consecutive three-month period (quarterly) thereafter. |