Presutti Timothy M.'s Form 4/A amendment
AmendedNextnav Inc. (NN) · filed Jun 17, 2022
- Accession no.
- 0001213900-22-033666
- Filed
- Jun 17, 2022, 5:22 PM ET
- Trade date
- Jun 13-14, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jun 15, 2022
This filing lists 2 non-derivative transactions. It carries over 2 transactions from the original filing that it did not restate. Open-market purchases total $32.8M. It was filed 4 days after the trade.
This amendment restates part of 0001213900-22-033183 (filed Jun 15, 2022). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Presutti Timothy M.CIK 0001772470 | 10% Owner |
| WOCAP Global Opportunity Investment Partners, L.P.CIK 0001932465 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 13, 2022 | Common Stock | PPurchaseAcquired | +200,000 | $2.32 | +$463,940 | 11,266,004 | Direct | |
| Jun 14, 2022 | Common Stock | PPurchaseAcquired | +146,571 | $2.36 | +$346,567.13 | 11,412,575 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001213900-22-033183 (filed Jun 15, 2022).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 10, 2022 | Common Stock | PPurchaseDisposed | −4,000,000 | $4.00 | −$16,000,000 | 11,066,004 | Direct | |
| Jun 10, 2022 | Common Stock | PPurchaseAcquired | +4,000,000 | $4.00 | +$16,000,000 | 4,640,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Reflects WOCAP Global Opportunity Investment Partners, LP ("WOCAP LP") transferred 4,000,000 shares of the Issuer's common stock in an affiliated transaction exempt from reporting pursuant to Rule 16a-13 ("Rule 16a-13") of the Securities Exchange Act of 1934, as amended, to WOCAP II LP ("WOCAP II"), whose general partner is WOCAP II GP LLC ("WOCAP II GP"). Mr. Presutti is the sole member of WOCAP II GP.
- F2
Represents shares of common stock held by WOCAP LP, whose general partner is WOCAP Global Opportunity Investment Partners GP LLC ("WOCAP GOIP GP LLC"), whose managing member is Woody Creek MM LLC ("WCMM LLC"). Mr. Presutti is the sole member of WCMM LLC.
- F3
Represents shares of common stock held by WOCAP II.
- F4
Represents 20,000 shares of common stock held by WOCAP GOIP GP LLC, whose managing member is WCMM LLC. Mr. Presutti is the sole member of WCMM LLC.
- F5
Represents 385,498 shares of common stock held by Reds Road Holdings LLC ("RRH"). Mr. Presutti is the sole member of RRH.
- F6
Represents shares directly and beneficially owned by Mr. Presutti, and includes 10 shares of common stock jointly owned with Mr. Presutti's spouse.
- F7
Represents 1,000 shares of common stock held by Woody Creek Capital Partners Defined Benefit Pension Plan, whose trustee and a beneficiary is Mr. Presutti.
- F8
Represents 416,789 shares of common stock held by Broadbill Credit Arbitrage LLC, whose sole member is WOCAP II, whose general partner is WOCAP II GP. Mr. Presutti is the sole member of WOCAP II GP.
Remarks
This form was amended to reflect that the previously filed form inadvertently reported the above transaction exempt from reporting pursuant to Rule 16a-13.