Subin Neil S's Form 4/A amendment
AmendedNextnav Inc. (NN) · filed Mar 31, 2025
- Accession no.
- 0001213900-25-026596
- Filed
- Mar 31, 2025
- Trade date
- Mar 12, 2025
- Filing delay
- 19 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Mar 14, 2025
This filing lists 1 derivative transaction. It was filed 19 days after the trade.
This amendment replaces 0001062993-25-005516 (filed Mar 14, 2025).
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 |
|---|---|
| Subin Neil SCIK 0001201333 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 12, 2025 | Common Stock | PPurchaseAcquired | +501,592 | $6,300,000.00F2 | +$3,160,029,600,000 | 501,592 | Indirect | Price outlier |
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
This Form 4/A is being filed to correct (1) the number of derivative securities acquired, in Column 5 of Table II; (2) the number of shares underlying derivative security, in Column 7 of Table II; and (3) the number of derivative securities beneficially owned following reported transaction, in Column 9 of Table II, which were inadvertently reported incorrectly on the reporting person's Form 4 filed with the U.S. Securities and Exchange Commission on March 14, 2025.
- F2
Pursuant to a Note Purchase Agreement with NextNav Inc. (the "Issuer"), dated March 12, 2025 (the "NPA"), the reporting person, through Persian Road I, LP, a limited partnership managed by the reporting person, purchased $6,300,000 aggregate principal amount of the Issuer's 5.00% Senior Secured Convertible Notes due 2028 (the "2028 Notes"), at a price of 100% of the principal amount. The 2028 Notes are convertible, as of the date the 2028 Notes are issued upon the closing of the NPA on March 27, 2025, into the Issuer's shares of common stock at a price of $12.56 per share, and shall mature on June 30, 2028.
Referenced by the price of 1 transaction in Table II.