Company: NAVN
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001628279-25-000383
Chunk: 242

Company: Navan, Inc.
Filing Date: 2025-06-20
Form: DRS
Chunk 242
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 at a price of $9.3621 per share, for aggregate proceeds of approximately $500,000.

• In November 2022, Ariel Cohen entered into a stock transfer agreement with a new investor pursuant to which Mr. Cohen sold and transferred 80,110 shares of common stock at a price of $9.3621 per share, for aggregate proceeds of approximately $750,000.

• In November 2022, Ilan Twig entered into a stock transfer agreement with new investors pursuant to which Mr. Twig sold and transferred 80,109 shares of common stock at a price of $9.3621 per share, for aggregate proceeds of approximately $750,000.

• In November 2022, entities affiliated with Zeev Ventures, a holder of more than 5% of our outstanding capital stock, entered into stock transfer agreements with an existing investor and certain new investors pursuant to which Zeev Ventures sold and transferred 320,441 shares of our Series C Preferred Stock at a purchase price of $9.3621 per share and 640,882 shares of our Series B Preferred Stock at a purchase price of $9.3621 per share, for aggregate proceeds of approximately $9.0 million.

• In March 2022, an entity affiliated with Zeev Ventures entered into a stock transfer agreement with an investor pursuant to which Zeev Ventures purchased 290,888 shares of our Series Seed Preferred Stock at a purchase price of $10.7825 per share, for an aggregate purchase price of approximately $3.1 million.

• In February 2022, entities affiliated with Zeev Ventures entered into a stock transfer agreement with a shareholder pursuant to which Zeev Ventures purchased 181,153 shares of common stock at a purchase price of $9.70 per share, for an aggregate purchase price of approximately $1.8 million.

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#### Certain Employment Relationships
The brother-in-law of Clara Liang, one of our directors, was employed by us until October 2022 as our Chief Information Security Officer. His total compensation for fiscal year 2023 was approximately $310,770. The compensation of Ms. Liang’s brother-in-law was determined in accordance with the Company’s compensation practices applicable to employees with comparable qualifications and responsibilities and holding similar positions. He received benefits available to all our employees, including participation in various employee health and welfare benefit plans, and he was eligible for equity awards on the same general terms and conditions as applicable