Company: NAVN
Filing Date: 2025-10-10
Form Type: S-1/A
Source: 0001628280-25-044812
Chunk: 267

Company: Navan, Inc.
Filing Date: 2025-10-10
Form: S-1/A
Chunk 267
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 the shares held directly by Andreessen Horowitz. The address for Mr. Horowitz is c/o Andreessen Horowitz, 2865 Sand Hill Road, Suite 101, Menlo Park, CA 94025. (5) Consists of 5,347,824 shares of Class A common stock held by Lightspeed Opportunity (as defined below) and Lightspeed Strategic Partners (as defined below), as reflected in footnote 11, below. Mr. Janmohamed, a member of our board of directors, is a partner of Lightspeed Venture Partners, and therefore, may be deemed to share voting and investment power with regard to certain of the shares held directly by Lightspeed Venture Partners. The address for Mr. Janmohamed is c/o Lightspeed Venture Partners, 2200 Sand Hill Road, Menlo Park, CA 94025. (6) Consists of 60,823 shares issuable upon settlement of RSUs for which the service-based condition has been satisfied and for which the performance-based condition will be satisfied in connection with this offering. (7) Consists of 56,666 shares underlying stock options to purchase shares of Class A common stock that are exercisable within 60 days of July 31, 2025. (8) Consists of 8,562,718 shares of Class A common stock held by entities affiliated with Premji Invest. Mr. Patnam, who is a member of our board of directors, is the managing partner of Premji Invest and therefore, may be deemed to share voting and investment power with regard to the shares held by Premji Invest. The address for Premji Invest is 2180 Sand Hill Road, Suite 100, Menlo Park, CA 94025. (9) Consists of (i) 57,264 shares of Class A common stock, and (ii) 37,272,795 shares of Class A common stock held by entities affiliated with Zeev Ventures, as reflected in footnote 13, below. Oren Zeev, a member of our board of directors, is the sole general partner of Zeev Ventures, and therefore, may be deemed to have voting and investment power with regard to the shares held directly by Zeev Ventures. The address for Mr. Zeev is c/o Zeev Ventures, 555 Bryant Street, Suite 811, Palo Alto, CA 94301. (10) Consists of (i) 77,100,360 shares