Presutti Timothy M. 4
4 · NEXTNAV INC. · Filed May 11, 2023
Insider Transaction Report
Form 4
Presutti Timothy M.
10% Owner
Transactions
- Purchase
Common Stock Purchase Warrant
2023-05-09+1,592,593→ 1,592,593 total(indirect: By LLC)Exercise: $2.16From: 2023-07-08Exp: 2027-06-01→ Common Stock (1,592,593 underlying) - Purchase
Common Stock Purchase Warrant
2023-05-09+37,037→ 737,252 total(indirect: By LLC)Exercise: $2.16From: 2023-07-08Exp: 2027-06-01→ Common Stock (37,037 underlying)
Footnotes (3)
- [F1]Represents the issuance by NextNav, Inc. (the "Issuer") of common stock purchase warrants as consideration for entering into a Note Purchase Agreement by and among the Issuer and the purchasers named therein, pursuant to which Reds Road Holdings LLC ("RRH") purchased a note for $100,000 and WCCP NextNav Holdings LLC ("WCCP") purchased a note for $4,300,000.
- [F2]Represents common stock purchase warrants held by RRH. Mr. Presutti is the sole member of RRH.
- [F3]Represents common stock purchase warrants held by WCCP, whose managing member is Woody Creek Capital Partners LLC ("Woody Creek"). Tim Presutti has sole voting and investment power over the shares held by Woody Creek. Except for possessing voting and dispositive power, the reporting person disclaims beneficial ownership of such common stock purchase warrants except to the extent of his pecuniary interest therein.