Lantz Robert 4
4 · NEXTNAV INC. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Lantz Robert
General Counsel
Transactions
- Award
Common Stock
2023-03-15+22,563→ 36,120 total - Award
Common Stock
2023-03-15+17,002→ 53,122 total - Award
Stock Optionn (Right to Buy)
2023-03-15+37,897→ 63,845 totalExercise: $2.96Exp: 2033-03-15→ Common Stock (37,897 underlying)
Footnotes (3)
- [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"). 75% 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.