Lantz Robert 4
4 · NEXTNAV INC. · Filed Mar 19, 2024
Insider Transaction Report
Form 4
Lantz Robert
General Counsel
Transactions
- Award
Common Stock
2024-03-15+20,626→ 64,969 total - Sale
Common Stock
2024-03-18$4.23/sh−8,776$37,122→ 90,433 total - Award
Stock Option (Right to Buy)
2024-03-15+53,848→ 117,693 totalExercise: $4.68Exp: 2034-03-15→ Common Stock (53,848 underlying) - Award
Common Stock
2024-03-15+34,240→ 99,209 total - Sale
Common Stock
2024-03-19$4.75/sh−2,032$9,652→ 88,401 total
Footnotes (5)
- [F1]Represents a bonus grant of restricted stock units (the "RSUs"). 100% of the RSU's vested on March 15, 2024 (grant date).
- [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.
- [F3]Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").
- [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.
- [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.