Carano Bandel L's Form 4 filing
Airspan Networks Holdings Inc. (MIMO) · filed Aug 17, 2021
- Accession no.
- 0001829126-21-008168
- Filed
- Aug 17, 2021, 12:29 PM ET
- Trade date
- Aug 13, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 6 derivative transactions. Open-market purchases total $2.00M. It was filed 4 days after the trade.
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 |
|---|---|
| Carano Bandel LCIK 0001183755 | Director, 10% Owner |
| Oak Investment Partners XI L PCIK 0001299239 | 10% Owner |
| Oak Investment Partners XIII, Limited PartnershipCIK 0001466232 | 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 13, 2021 | Common Stock | JOtherAcquired | +25,038,852 | –F1 | – | 25,038,852 | Indirect | |
| Aug 13, 2021 | Common Stock | JOtherAcquired | +3,400,207 | –F3 | – | 3,400,207 | Indirect | |
| Aug 13, 2021 | Common Stock | PPurchaseAcquired | +200,000 | $10.00 | +$2,000,000 | 3,600,207 | Indirect |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 13, 2021 | Common Stock | JOtherAcquired | +1,264,993 | –F1 | – | 1,264,993 | Indirect | |
| Aug 13, 2021 | Common Stock | JOtherAcquired | +171,782 | –F3 | – | 171,782 | Indirect | |
| Aug 13, 2021 | Common Stock | JOtherAcquired | +1,264,993 | –F1 | – | 1,264,993 | Indirect | |
| Aug 13, 2021 | Common Stock | JOtherAcquired | +171,782 | –F3 | – | 171,782 | Indirect | |
| Aug 13, 2021 | Common Stock | JOtherAcquired | +1,264,993 | –F1 | – | 1,264,993 | Indirect | |
| Aug 13, 2021 | Common Stock | JOtherAcquired | +171,782 | –F3 | – | 171,782 | 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
Received in exchange for (a) 72,123 shares of Airspan Networks Inc. ("Legacy Airspan") Series B-1 Preferred Stock, (b) 416,667 shares of Legacy Airspan Series C-1 Preferred Stock, (c) 721,643 shares of Legacy Airspan Series D Preferred Stock, (d) 370,000 shares of Legacy Airspan Series D-2 Preferred Stock, (e) 162,141 shares of Legacy Airspan Series F Senior Preferred Stock and (f) 285,339 shares of Legacy Airspan Series G Senior Preferred Stock, in each case, in connection with the merger of Artemis Merger Sub Corp. ("Merger Sub") with and into Legacy Airspan (the "Merger") pursuant to that certain Business Combination Agreement, dated as of March 8, 2021, by and among Airspan Networks Holdings Inc. (f/k/a New Beginnings Acquisition Corp.), Legacy Airspan and Merger Sub.
Referenced by the price of 1 transaction in Table I and 3 transactions in Table II.
- F3
Received in exchange for (a) 128,133 shares of Legacy Airspan Class B Common Stock, (b) 23,163 shares of Legacy Airspan Series F Senior Preferred Stock, (c) 134,512 shares of Legacy Airspan Series G Senior Preferred Stock, (d) 56,910 shares of Legacy Airspan Series H Senior Preferred Stock and (e) warrants exercisable for 28,455 shares of Legacy Airspan Series H Senior Preferred Stock, in each case, in connection with the Merger.
Referenced by the price of 1 transaction in Table I and 3 transactions in Table II.