Home/Filings/4/0001829126-21-008169
4//SEC Filing

FLYNN MICHAEL T 4

Accession 0001829126-21-008169

CIK 0001823882other

Filed

Aug 16, 8:00 PM ET

Accepted

Aug 17, 12:30 PM ET

Size

26.6 KB

Accession

0001829126-21-008169

Insider Transaction Report

Form 4
Period: 2021-08-13
Transactions
  • Award

    Common Stock

    2021-08-13+25,35925,359 total
  • Award

    Stock Option (right to buy)

    2021-08-13+7,3327,332 total
    Exercise: $1.94From: 2021-08-13Exp: 2024-06-09Common Stock (7,332 underlying)
  • Award

    Stock Option (right to buy)

    2021-08-13+10,38910,389 total
    Exercise: $2.53From: 2021-08-13Exp: 2024-11-04Common Stock (10,389 underlying)
  • Award

    Stock Option (right to buy)

    2021-08-13+11,16211,162 total
    Exercise: $2.66From: 2021-08-13Exp: 2026-02-03Common Stock (11,162 underlying)
  • Award

    Stock Option (right to buy)

    2021-08-13+23,47323,473 total
    Exercise: $3.36Exp: 2027-04-27Common Stock (23,473 underlying)
  • Award

    Stock Option (right to buy)

    2021-08-13+29,35729,357 total
    Exercise: $3.96Exp: 2030-02-11Common Stock (29,357 underlying)
  • Award

    Restricted Stock Units

    2021-08-13+57,75057,750 total
    Common Stock (57,750 underlying)
  • Award

    Stock Option (right to buy)

    2021-08-13+8,3308,330 total
    Exercise: $2.53From: 2021-08-13Exp: 2025-01-29Common Stock (8,330 underlying)
  • Award

    Stock Option (right to buy)

    2021-08-13+13,53313,533 total
    Exercise: $6.29Exp: 2031-01-28Common Stock (13,533 underlying)
  • Award

    Stock Option (right to buy)

    2021-08-13+28,99928,999 total
    Exercise: $5.42Exp: 2029-01-29Common Stock (28,999 underlying)
Footnotes (15)
  • [F1]Received in exchange for 4,396 restricted shares of Airspan Networks Inc. ("Legacy Airspan") common stock in connection with the merger of Artemis Merger Sub Corp. ("Merger Sub") with and into Legacy Airspan (the "Merger") pursuant to that certain Business Combination Agreement, dated as of March 8, 2021, by and among Airspan Networks Holdings Inc. (f/k/a New Beginnings Acquisition Corp.), Legacy Airspan and Merger Sub.
  • [F10]The stock option vests as to 25% on January 29, 2020, and in 36 equal monthly installments thereafter.
  • [F11]Received in the Merger in exchange for a stock option to acquire 5,027 shares of Legacy Airspan common stock for $31.26 per share.
  • [F12]The stock option vests as to 25% on February 11, 2021, and in 36 equal monthly installments thereafter.
  • [F13]Received in the Merger in exchange for a stock option to acquire 5,089 shares of Legacy Airspan common stock for $22.86 per share.
  • [F14]The stock option vests as to 25% on January 28, 2022, and in 36 equal monthly installments thereafter.
  • [F15]Received in the Merger in exchange for a stock option to acquire 2,346 shares of Legacy Airspan common stock for $36.30 per share.
  • [F2]Each restricted stock unit ("RSU") represents a right to receive one share of Airspan Networks Holdings Inc. common stock.
  • [F3]The RSUs vest on the earliest to occur of (a) August 13, 2022, (b) Mr. Flynn's death, (c) Mr. Flynn's disability and (d) Mr. Flynn's qualifying separation, provided that Mr. Flynn continues to be a director of Airspan Networks Holdings Inc. through such date or event.
  • [F4]Received in the Merger in exchange for a stock option to acquire 1,271 shares of Legacy Airspan common stock for $11.22 per share.
  • [F5]Received in the Merger in exchange for a stock option to acquire 1,801 shares of Legacy Airspan common stock for $14.61 per share.
  • [F6]Received in the Merger in exchange for a stock option to acquire 1,444 shares of Legacy Airspan common stock for $14.61 per share.
  • [F7]Received in the Merger in exchange for a stock option to acquire 1,935 shares of Legacy Airspan common stock for $15.32 per share
  • [F8]The stock option vests as to 25% on April 27, 2018, and in 36 equal monthly installments thereafter.
  • [F9]Received in the Merger in exchange for a stock option to acquire 4,069 shares of Legacy Airspan common stock for $19.37 per share.

Documents

1 file

Issuer

Airspan Networks Holdings Inc.

CIK 0001823882

Entity typeother

Related Parties

1
  • filerCIK 0001187380

Filing Metadata

Form type
4
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 12:30 PM ET
Size
26.6 KB