Company: NXNVW
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001213900-25-023287
Chunk: 169

Company: NEXTNAV INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7
Chunk 169
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 stock to be issued to Mr. Lantz upon
the vesting and settlement of his restricted stock units (“RSUs”) with vesting
dates of February 1, 2025, March 15, 2025, May 1, 2025, June 15, 2025, August
1, 2025, September 15, 2025, November 1, 2025 and December 15, 2025. The
aggregate number of shares of common stock that will be available for sale
under this 10b5-1 plan after vesting and settlement of his RSUs is 24,346
shares. Pursuant to its terms, this
10b5-1 trading plan is expected to remain in place until the earlier of (i)
December 31, 2025 and (ii) the date on which all transactions under such plan
are completed.

 On December 23, 2024, Dr. Sanyogita Shamsunder, former Chief Operating Officer, adopted a 10b5-1 trading plan. This 10b5-1 trading
plan provides for the potential sale of 75% of the gross shares of common stock to be issued to Dr. Shamsunder upon
the vesting and settlement of her RSUs with a vesting date of May 9, 2025 and
45% of the gross shares of common stock to be
issued to her upon the vesting and settlement of her RSUs with vesting
dates of August 9, 2025 and November 9, 2025. The aggregate number of shares of
common stock that will be available for sale under this 10b5-1 plan after vesting
and settlement of her RSUs is 36,226 shares. Pursuant to its terms, this 10b5-1
trading plan is expected to remain in place until the earlier of (i) December
31, 2025 and (ii) the date on which all transactions under such plan are
completed. 

No
other officers (as defined in Rule 16a-1(f) of the Exchange Act) or directors
adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1
trading arrangement” (as such terms are defined in Item 408 of Regulation S-K)
during the fiscal quarter ended December