BBAI

SEC source: 0000950170-24-033453 · ownership.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

AE BBAI AGGREGATOR, LP · CIK 0001898298 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 141,966,365

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.44 to $2.56. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-032165 · ownership.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

AE BBAI AGGREGATOR, LP · CIK 0001898298 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 144,428,232

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.44 to $2.84. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-010966 · wk-form4_1710363880.xml · nonDerivative · entry 6

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 523,375

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.60 to $2.68, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010966 · wk-form4_1710363880.xml · nonDerivative · entry 5

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 573,375

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.50 to $2.56, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010974 · wk-form4_1710364169.xml · nonDerivative · entry 6

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 523,374

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.60 to $2.68, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010974 · wk-form4_1710364169.xml · nonDerivative · entry 5

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 573,374

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.50 to $2.56, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000950170-24-032165 · ownership.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

AE BBAI AGGREGATOR, LP · CIK 0001898298 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 152,437,679

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.44 to $2.65. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-030853 · ownership.xml · nonDerivative · entry 4

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

AE BBAI AGGREGATOR, LP · CIK 0001898298 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 157,214,691

F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.44 to $2.46. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 6 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-010966 · wk-form4_1710363880.xml · nonDerivative · entry 4

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 623,375

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.35 to $2.41, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010966 · wk-form4_1710363880.xml · nonDerivative · entry 3

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 673,375

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.40 to $2.45, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010966 · wk-form4_1710363880.xml · nonDerivative · entry 2

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 723,375

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.35 to $2.40, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010974 · wk-form4_1710364169.xml · nonDerivative · entry 4

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 623,374

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.35 to $2.41, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010974 · wk-form4_1710364169.xml · nonDerivative · entry 3

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 673,374

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.40 to $2.45, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010974 · wk-form4_1710364169.xml · nonDerivative · entry 2

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 723,374

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.35 to $2.40, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000950170-24-030853 · ownership.xml · nonDerivative · entry 3

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

AE BBAI AGGREGATOR, LP · CIK 0001898298 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 157,354,218

F5 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.44 to $2.62. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 5 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-010966 · wk-form4_1710363880.xml · nonDerivative · entry 1

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 747,299

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.50 to $2.57, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010974 · wk-form4_1710364169.xml · nonDerivative · entry 1

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 747,298

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.50 to $2.57, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-24-010987 · wk-form4_1710364340.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 161,830

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.43 to $2.47, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0000950170-24-030853 · ownership.xml · nonDerivative · entry 2

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

AE BBAI AGGREGATOR, LP · CIK 0001898298 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 159,186,896

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.52 to $2.64. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-030853 · ownership.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

AE BBAI AGGREGATOR, LP · CIK 0001898298 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 162,044,239

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.61 to $2.95. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-010033 · wk-form4_1709935323.xml · nonDerivative · entry 3

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 357,362

F3 · kind: Represents shares withheld to satisfy tax withholding obligations in connection with the issuance of shares upon the vesting of PSUs.

SEC source: 0001628280-24-010036 · wk-form4_1709935643.xml · nonDerivative · entry 3

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 263,581

F3 · kind: Represents shares withheld to satisfy tax withholding obligations in connection with the issuance of shares upon the vesting of PSUs.

SEC source: 0001628280-24-010030 · wk-form4_1709935137.xml · nonDerivative · entry 3

Peffer Julie · CIK 0001932370 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 370,272

F3 · kind: Represents shares withheld to satisfy tax withholding obligations in connection with the issuance of shares upon the vesting of PSUs.

SEC source: 0001628280-24-010025 · wk-form4_1709935016.xml · nonDerivative · entry 3

Long Amanda · CIK 0001948905 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,804,749.7973

F3 · kind: Represents shares withheld to satisfy tax withholding obligations in connection with the issuance of shares upon the vesting of PSUs.

SEC source: 0000950170-24-023837 · ownership.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · Director · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · Director · 10% owner

ROWE DAVID H. · CIK 0001880788 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · Director · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · Director · 10% owner

PANGIAM ULTIMATE HOLDINGS, LLC · CIK 0001832284 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 164,744,239

F1 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC, Pangiam Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties."

F2 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-24-002984 · wk-form4_1706833133.xml · nonDerivative · entry 1

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 299,983

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-24-000265 · wk-form4_1704320391.xml · nonDerivative · entry 1

Blankenship Carolyn · CIK 0001926488 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 350,655

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-24-000271 · wk-form4_1704321432.xml · nonDerivative · entry 1

Laudermilch Norm · CIK 0001976969 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 427,643

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-24-000267 · wk-form4_1704320602.xml · nonDerivative · entry 1

Long Amanda · CIK 0001948905 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,615,823.7973

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-24-000262 · wk-form4_1704320134.xml · nonDerivative · entry 1

Peffer Julie · CIK 0001932370 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 226,591

SEC source: 0001628280-24-000257 · wk-form4_1704319936.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 213,074

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

SEC source: 0001628280-23-041719 · wk-form4_1702900559.xml · nonDerivative · entry 1

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 773,375

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.92 to $1.93, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-041721 · wk-form4_1702900660.xml · nonDerivative · entry 1

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 773,374

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.92 to $1.93, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-042523 · wk-form4_1703197262.xml · nonDerivative · entry 1

Braden Pamela Joyce · CIK 0001883979 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 305,457

F1 · price: The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-041643 · wk-form4_1702641305.xml · nonDerivative · entry 1

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 786,403

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.80 to $1.82, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-041641 · wk-form4_1702641166.xml · nonDerivative · entry 1

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 786,403

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.80 to $1.82, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-041353 · wk-form4_1702421326.xml · nonDerivative · entry 1

Cannito Peter Anthony Jr · CIK 0001877807 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 296,499

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on December 11, 2023. 15,363 of the RSUs will vest on January 1, 2024, 15,364 of the RSUs will vest on March 31, 2024, 15,363 of the RSUs will vest on June 30, 2024, and 15,363 of the RSUs will vest on September 30, 2024.

SEC source: 0001628280-23-041356 · wk-form4_1702421449.xml · nonDerivative · entry 1

Braden Pamela Joyce · CIK 0001883979 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 255,432

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on December 11, 2023. 13,268 of the RSUs will vest on January 1, 2024, 13,269 of the RSUs will vest on March 31, 2024, 13,268 of the RSUs will vest on June 30, 2024, and 13,268 of the RSUs will vest on September 30, 2024.

SEC source: 0001628280-23-041350 · wk-form4_1702421198.xml · nonDerivative · entry 1

FULCHINO PAUL E · CIK 0001182805 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 254,023

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on December 11, 2023. 13,268 of the RSUs will vest on January 1, 2024, 13,269 of the RSUs will vest on March 31, 2024, 13,268 of the RSUs will vest on June 30, 2024, and 13,268 of the RSUs will vest on September 30, 2024.

SEC source: 0001628280-23-041358 · wk-form4_1702421563.xml · nonDerivative · entry 1

BATTLE SEAN BERNARD · CIK 0001884324 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 94,813

F1 · shares: Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. The reported RSUs were granted on December 11, 2023. 6,564 of the RSUs will vest on January 1, 2024, 6,565 of the RSUs will vest on March 31, 2024, 6,564 of the RSUs will vest on June 30, 2024, and 6,564 of the RSUs will vest on September 30, 2024.

SEC source: 0001628280-23-041390 · wk-form4_1702467309.xml · nonDerivative · entry 1

BBAI Ultimate Holdings, LLC · CIK 0001886800 · Director · 10% owner

AE INDUSTRIAL PARTNERS FUND II GP, LP · CIK 0001880808 · 10% owner

GREENE MICHAEL ROBERT · CIK 0001881294 · 10% owner

ROWE DAVID H. · CIK 0001880788 · 10% owner

AE INDUSTRIAL PARTNERS FUND II-B, LP · CIK 0001732535 · 10% owner

AE INDUSTRIAL PARTNERS FUND II, LP · CIK 0001732533 · 10% owner

AE INDUSTRIAL PARTNERS FUND II-A, LP · CIK 0001732534 · 10% owner

AEROEQUITY GP, LLC · CIK 0001880792 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 102,906,167

F1 · shares: The reported restricted stock units ("RSU") were granted to Kirk Michael Konert and Jeffrey Hart on December 11, 2023 in their capacity as members of the issuer's board of directors. Each RSU represents the right to receive one share of the issuer's Common Stock, subject to the Reporting Person's continued service through the vesting date. 27,025 of the RSUs will vest on January 1, 2024, 27,026 of the RSUs will vest on March 30, 2024, 27,024 of the RSUs will vest on June 30, 2024, and 27,025 of the RSUs will vest on September 30, 2024. The reported RSUs will be assigned to AE Industrial Partners, LP. Prior to such vesting and assignment, Kirk Michael Konert and Jeffrey Hart will hold the reported securities for the benefit of AE Industrial Partners, LP and they disclaim all right title and interest in such securities.

F2 · ownership.nature: Voting and dispositive power with respect to the shares of common stock held of record by BBAI Ultimate Holdings, LLC and AE BBAI Aggregator, LP is exercised by Michael R. Greene and David H. Rowe, the managing members and control persons of AeroEquity GP, LLC , which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of BBAI Ultimate Holdings, LLC and AE BBAI Aggregator, LP. AE Fund II GP is the general partner of each of the AE Funds. AE BBRED GP, LLC is the general partner of AE BBAI Aggregator, LP. Each of the foregoing is an "AE Party" and collectively, the "AE Parties.")

F3 · ownership.nature: Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001628280-23-041236 · wk-form4_1702330020.xml · nonDerivative · entry 1

Ricker Sean Raymond · CIK 0001883732 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 213,343

F1 · shares: Represents shares withheld to satisfy tax withholding obligations on vesting of restricted stock units.

F2 · balance_after: Includes 5,000 shares acquired under the BigBear.ai Holdings, Inc. Employee Stock Purchase Plan on November 30, 2023.

SEC source: 0001628280-23-040540 · wk-form4_1701691375.xml · derivative · entry 2

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,083 shares

Expires 2026-12-07

F2 · price: The price reported in Column 8 is a weighted average price. These warrants were sold in multiple transactions at prices ranging from $0.34 to $0.37, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-040536 · wk-form4_1701691152.xml · derivative · entry 2

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,083 shares

Expires 2026-12-07

F2 · price: The price reported in Column 8 is a weighted average price. These warrants were sold in multiple transactions at prices ranging from $0.34 to $0.37, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-040540 · wk-form4_1701691375.xml · nonDerivative · entry 1

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 836,403

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.90 to $1.97, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-040536 · wk-form4_1701691152.xml · nonDerivative · entry 1

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 836,403

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.90 to $1.97, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-040229 · wk-form4_1701292874.xml · nonDerivative · entry 2

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 871,463

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.90 to $1.92, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-040227 · wk-form4_1701292672.xml · nonDerivative · entry 2

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 871,463

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.90 to $1.92, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-040229 · wk-form4_1701292874.xml · nonDerivative · entry 1

Katz Avi S · CIK 0001451693 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 896,463

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.90 to $1.94, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001628280-23-040227 · wk-form4_1701292672.xml · nonDerivative · entry 1

Dinu Raluca · CIK 0001430575 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 896,463

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.90 to $1.94, inclusive. The reporting person undertakes to provide to BigBear.ai Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.