Company: NXNVW
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001213900-25-031073
Chunk: 55

Company: NEXTNAV INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 55
---
 |      |     |      11,926,312 |      |

____________ (1) This number includes 4,404,168 shares covered by restricted stock units and 2,817,402 shares subject to options, all of which were granted under the Omnibus Plan and excludes purchase rights under the ESPP and 231,323 shares of restricted stock granted to certain of our directors under the Omnibus Plan. (2) Represents the weighted-average exercise price of 2,817,402 options outstanding under the Omnibus Plan. (3) This number includes 10, 326,312 shares available for future issuance under the Omnibus Plan, which is subject to an annual increase to be added on the first business day of the calendar year equal to the lesser of: (i) 5,636,259 shares of stock; or (ii) a lesser number of shares of stock as determined by the Compensation Committee, and 1, 6 00,000 shares available for future issuance under the ESPP, which is subject to an annual increase to be added on the first business day of the calendar year equal to the lesser of: (i) 200,000 shares; or (ii) a lesser number of shares of our common stock as determined by the administrator of the plan. This number has also been reduced by 2,107,931 shares of restricted stock granted to certain of our directors under the Omnibus Plan. (4) This number represents shares subject to options granted under former NextNav’s 2011 Unit Option and Profit Interest Plan, amended in 2020.

| 35 |

PROPOSAL 2: RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025 Our Audit Committee has appointed Ernst & Young LLP (“EY”) as our independent registered public accounting firm for the fiscal year ending December 31, 2025. We are submitting our appointment of EY as our independent registered public accounting firm for ratification by our stockholders at the Annual Meeting. Prior to the Business Combination, EY was former NextNav’s principal independent registered public accounting firm and has continued as our principal independent registered public accounting firm since the Business Combination. We expect that one or more representatives of EY will be present at the Annual Meeting. They will have an opportunity to make a statement, if they desire, and will be available to answer appropriate questions at the end of the Annual Meeting. Our Audit Committee