Pattabiraman Ganesh 4
4 · NEXTNAV INC. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Pattabiraman Ganesh
DirectorCEO, President & Director
Transactions
- Award
Common Stock
2023-03-15+278,552→ 2,003,635 total - Award
Common Stock
2023-03-15+19,303→ 2,022,938 total - Award
Stock Option (Right to Buy)
2023-03-15+467,872→ 622,916 totalExercise: $2.96Exp: 2033-03-15→ Common Stock (467,872 underlying)
Holdings
- 627,995(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]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, 2024, and 1/16 of the RSUs shall vest at the end of each consecutive three-month period thereafter.
- [F2]Represents a bonus grant of restricted stock units (the "RSUs"). 25% of the RSU's vested on March 15, 2023 (grant date). Subject to the Reporting Person's continued service, the balance vest on six months anniversary - September 15, 2023.
- [F3]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, 2024, and 1/16 of the Options shall vest at the end of each consecutive three-month period (quarterly) thereafter.
- [F4]Represents common stock held by the Ganesh M Pattabiraman Family Trust of which Ganesh Pattabiraman and Amuradha Srikantan are the trustees.