4//SEC Filing
Knutson David L. 4
Accession 0001213900-21-055897
CIK 0001865631other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 8:00 PM ET
Size
9.7 KB
Accession
0001213900-21-055897
Insider Transaction Report
Form 4
Knutson David L.
SVP, Operations & Deployment
Transactions
- Award
Common Stock
2021-10-28+331,133→ 331,133 total - Award
Common Stock
2021-10-28+6,823→ 337,956 total - Award
Stock Option (right to buy)
2021-10-28+84,564→ 84,564 totalExercise: $0.28Exp: 2030-10-21→ Common Stock (84,564 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of June 9, 2021, by and among Spartacus Acquisition Shelf Corp. (now known as NextNav Inc.), Spartacus Acquisition Corp., NextNav Holdings, LLC and the other parties thereto (the "Merger Agreement"), the Reporting Person became a reporting person of "NextNav Inc.", the as-renamed surviving corporation (the "Issuer") of the business combination, which business combination closed on October 28, 2021 (the "Business Combination"). The Reporting Person received shares of common stock of the Issuer in exchange for their holdings in NextNav Holdings, LLC as of the closing of the Business Combination.
- [F2]Restricted shares of common stock will vest ratably each month through December 2022.
- [F3]These options were originally granted on 10/21/2020 as options to purchase 235,620 Class A common units of NextNav Holdings, LLC and were automatically converted, pursuant to the Merger Agreement, upon the closing of the Business Combination on 10/28/2021, into options to purchase shares of common stock of the Issuer. 25% of the total award vested on 10/21/2021, and the remaining award will vest in equal monthly installments over the next 36 months, subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
Documents
Issuer
NEXTNAV INC.
CIK 0001865631
Entity typeother
Related Parties
1- filerCIK 0001876663
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 8:00 PM ET
- Size
- 9.7 KB