Company: NXNVW
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001213900-25-031073
Chunk: 45

Company: NEXTNAV INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 45
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 grant date value of $143,694, based on the 20-day closing price average of a share of our common stock as reported on Nasdaq , for the date ending May 16, 2024, or $8.455 per share. Ms. Sorond did not receive any compensation in either cash or equity for her service as a director . Similarly on May 17, 2024, for his service as our Lead Independent Director, Alan B. Howe received a grant of 125,000 restricted shares , with a grant date value of $1,012,500, which will vest over a five-year period, with 20% of the shares subject to the grant vesting on May 1 of each year, subject to his continuous service through the vesting dates among other terms . New Director Equity Grant On January 16, 2024, John Muleta was appointed as a member of the Board and received a pro-rated annual award of 11,343 shares of restricted stock with a grant date value of $44,011, which vested in full on May 1, 2024. On June 24, 2024, Nicola Palmer was appointed as a member of the Board and receive d a pro-rated annual award of 17,623 shares of restricted stock with a grant date value of $138,869, which will vest in full on May 1, 2025. Director Compensation The following table sets forth, for the fiscal year ended December 31, 2024, the cash and non-cash compensation paid for services rendered by our non-employee directors who served for all or a portion of the year.

| Name               |     | Fees earned 
  or paid in 
        cash 
         ($) |     |     Stock 
    Awards 
    ($)(1) |     |        Total 
 compensation 
          ($) |
| Peter D. Aquino    |     |       6,875 |     |    17,931 |     |       24,806 |
| Bandel L. Carano   |     |      41,875 |     |   163,256 |     |      205,131 |
| Alan B. Howe       |     |      77,500 |     | 1,179,020 |     |    1,256,520 |
| Gary M. Parsons    |     |      31,250 |     |    81,520 |     |      112,770 |