Company: NXNVW
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001213900-25-031073
Chunk: 44

Company: NEXTNAV INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 44
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 Mariam Sorond        | 03/15/2024 |                                   370,031 |                                 $4.68 |                              1,005,113 | 11.56%                                                                                                                                                                                                                                                                                         |
| Christian Gates      | 03/15/2024 |                                   138,761 |                                 $4.68 |                                376,916 | 11.56%                                                                                                                                                                                                                                                                                         |
| Sanyogita Shamsunder | 05/09/2024 |                                   182,582 |                                 $9.27 |                                925,922 | (6.05)%                                                                                                                                                                                                                                                                                        |

(1)Represents the grant date fair value of the award, computed in accordance with ASC 718.

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Compensation of Directors Compensation for Service Beginning on May 16, 2024, the date our directors were elected at our 2024 Annual Meeting of Stock holders , and continuing until the next slate of directors are elected at the Annual Meeting, o ur non-employee directors are compensated for their services on our Board as follows (amounts are prorated for directors who did not hold a position for an entire year): Annual Board Member Service Retainer: • All Non-Employee Directors (other than Lead Independent Director which is provided below) : $45,000 Annual Committee Member Service Retainer (per committee): • Members of each committee: $5,000 Annual Committee Chair Service Retainer (in lieu of Annual Committee Member Service Retainer): • Chair of the Audit Committee: $20,000 • Chair of the Compensation Committee: $ 10,000 • Chair of the Nominating Committee: $ 10,000 Lead Independent Director : • Lead Independent Director : $ 100 ,000 Previously, directors who accept compensation received their full compensation in restricted shares for the first quarter of 2024 and then in cash for the remainder of the fiscal year of 2024 . Directors do not receive a fee for attending meetings, but they are entitled to reimbursement of travel expenses relating to their service.

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Annual Equity Grant On May 17, 2024 , each of the individuals who were serving as non-employee director at that time received an annual grant of restricted shares with a grant value of $ 150,000 , which will vest on May 1, 2025 , subject to the non-employee director’s continuous service through the vesting date. The g rant value was converted into a number of 17,740 restricted shares, with a