NN

SEC source: 0001062993-25-006597 · form4.xml · derivative · entry 2

Foundation Holdco LP · CIK 0002024043 · 10% owner

FIG Parent, LLC · CIK 0002024041 · 10% owner

FINCO I LLC · CIK 0002024235 · 10% owner

FINCO I Intermediate Holdco LLC · CIK 0002024037 · 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: 950,000

Underlying: Common Stock · 950,000 shares

Expires 2028-12-31

F1 · derivative.exercise_date: 50% of each tranche of warrants is immediately exercisable, with the other 50% vesting on the first day of the second year commencing after the closing of the acquisition of the warrants.

F3 · ownership.nature: Held directly by CF NNAV-P LLC ("CF NNAV-P"). FCOF V UB Investments L.P., a Cayman Islands limited partnership ("FCOF V UB"), is the majority member of CF NNAV-P. Fortress Credit Opportunities Fund V(A) L.P., a Cayman limited partnership ("FCOF V(A)"), Fortress Credit Opportunities Fund V(B) L.P., a Cayman limited partnership ("FCOF V(B)"), Fortress Credit Opportunities Fund V(C) L.P., a Cayman limited partnership ("FCOF V(C)"), Fortress Credit Opportunities Fund V(D) L.P., a Cayman limited partnership ("FCOF V(D)"), Fortress Credit Opportunities Fund V(E) L.P., a Delaware limited partnership ("FCOF V(E)") and Fortress Credit Opportunities Fund V(G) L.P., a Cayman limited partnership ("FCOF V(G)"), collectively hold a 100% interest in FCOF V UB Investments.

F5 · ownership.nature: FCO Fund V GP LLC, a Delaware limited liability company ("FCO Fund V GP") is the general partner of FCOF V(A), FCOF V(B), FCOF V(C), FCOF V(D), FCOF V(E) and FCOF V(G). Fortress Credit Opportunities V Advisors LLC, a Delaware limited liability company ("FCO V Advisors"), is the investment advisor of FCOF V(A), FCOF V(B), FCOF V(D), FCOF V(E) and FCOF V(G). Fortress Credit Opportunities V-C Advisors LLC, a Delaware limited liability company ("FCO V-C Advisors") is the investment advisor of FCOF V(C).

F6 · ownership.nature: FIG LLC, a Delaware limited liability company ("FIG") holds all of the interests in FCO V Advisors and FCO V-C Advisors. Hybrid GP Holdings (Cayman) LLC, a Delaware limited liability company ("Hybrid GP Holdings (Cayman)") holds all of the interests in FCO Fund V GP. Hybrid GP Holdings LLC, a Delaware limited liability company ("Hybrid GP Holdings") holds all of the interests in Hybrid GP Holdings (Cayman).

F7 · ownership.nature: Fortress Operating Entity I LP, a Delaware limited partnership ("FOE I"), is the managing member of Hybrid GP Holdings, and the owner of all of the issued and outstanding interests of FIG. FIG Blue LLC, a Delaware limited liability company ("FIG Blue"), is the general partner of FOE I. FIG Blue is wholly-owned by Fortress Investment Group LLC, a Delaware limited liability company ("Fortress Investment Group"). FINCO I Intermediate Holdco LLC, a Delaware limited liability company ("FINCO I IH"), is the sole member of Fortress Investment Group. FINCO I LLC, a Delaware limited liability company, is the sole member of FINCO I IH. FIG Parent, LLC, a Delaware limited liability company ("FIG Parent"), is the sole member of FINCO I LLC. Foundation Holdco LP, a Delaware limited partnership ("Foundation Holdco"), is the sole member of FIG Parent. FIG Buyer GP, LLC, a Delaware limited liability company is the general partner of Foundation Holdco.

F8 · ownership.nature: Each reporting person disclaims beneficial ownership of all reported securities except to the extent of its pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for the purposes of Section 16 or otherwise.

SEC source: 0001062993-25-006597 · form4.xml · derivative · entry 1

Foundation Holdco LP · CIK 0002024043 · 10% owner

FIG Parent, LLC · CIK 0002024041 · 10% owner

FINCO I LLC · CIK 0002024235 · 10% owner

FINCO I Intermediate Holdco LLC · CIK 0002024037 · 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: 1,500,000

Underlying: Common Stock · 1,500,000 shares

Expires 2028-12-31

F1 · derivative.exercise_date: 50% of each tranche of warrants is immediately exercisable, with the other 50% vesting on the first day of the second year commencing after the closing of the acquisition of the warrants.

F3 · ownership.nature: Held directly by CF NNAV-P LLC ("CF NNAV-P"). FCOF V UB Investments L.P., a Cayman Islands limited partnership ("FCOF V UB"), is the majority member of CF NNAV-P. Fortress Credit Opportunities Fund V(A) L.P., a Cayman limited partnership ("FCOF V(A)"), Fortress Credit Opportunities Fund V(B) L.P., a Cayman limited partnership ("FCOF V(B)"), Fortress Credit Opportunities Fund V(C) L.P., a Cayman limited partnership ("FCOF V(C)"), Fortress Credit Opportunities Fund V(D) L.P., a Cayman limited partnership ("FCOF V(D)"), Fortress Credit Opportunities Fund V(E) L.P., a Delaware limited partnership ("FCOF V(E)") and Fortress Credit Opportunities Fund V(G) L.P., a Cayman limited partnership ("FCOF V(G)"), collectively hold a 100% interest in FCOF V UB Investments.

F5 · ownership.nature: FCO Fund V GP LLC, a Delaware limited liability company ("FCO Fund V GP") is the general partner of FCOF V(A), FCOF V(B), FCOF V(C), FCOF V(D), FCOF V(E) and FCOF V(G). Fortress Credit Opportunities V Advisors LLC, a Delaware limited liability company ("FCO V Advisors"), is the investment advisor of FCOF V(A), FCOF V(B), FCOF V(D), FCOF V(E) and FCOF V(G). Fortress Credit Opportunities V-C Advisors LLC, a Delaware limited liability company ("FCO V-C Advisors") is the investment advisor of FCOF V(C).

F6 · ownership.nature: FIG LLC, a Delaware limited liability company ("FIG") holds all of the interests in FCO V Advisors and FCO V-C Advisors. Hybrid GP Holdings (Cayman) LLC, a Delaware limited liability company ("Hybrid GP Holdings (Cayman)") holds all of the interests in FCO Fund V GP. Hybrid GP Holdings LLC, a Delaware limited liability company ("Hybrid GP Holdings") holds all of the interests in Hybrid GP Holdings (Cayman).

F7 · ownership.nature: Fortress Operating Entity I LP, a Delaware limited partnership ("FOE I"), is the managing member of Hybrid GP Holdings, and the owner of all of the issued and outstanding interests of FIG. FIG Blue LLC, a Delaware limited liability company ("FIG Blue"), is the general partner of FOE I. FIG Blue is wholly-owned by Fortress Investment Group LLC, a Delaware limited liability company ("Fortress Investment Group"). FINCO I Intermediate Holdco LLC, a Delaware limited liability company ("FINCO I IH"), is the sole member of Fortress Investment Group. FINCO I LLC, a Delaware limited liability company, is the sole member of FINCO I IH. FIG Parent, LLC, a Delaware limited liability company ("FIG Parent"), is the sole member of FINCO I LLC. Foundation Holdco LP, a Delaware limited partnership ("Foundation Holdco"), is the sole member of FIG Parent. FIG Buyer GP, LLC, a Delaware limited liability company is the general partner of Foundation Holdco.

F8 · ownership.nature: Each reporting person disclaims beneficial ownership of all reported securities except to the extent of its pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for the purposes of Section 16 or otherwise.

SEC source: 0001062993-25-006021 · form4.xml · nonDerivative · entry 3

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 71,264

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

SEC source: 0001062993-25-005922 · form4.xml · nonDerivative · entry 3

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 75,304

F3 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.52 to $11.58, inclusive. 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 ranges set forth in this Footnote.

SEC source: 0001062993-25-005925 · form4.xml · nonDerivative · entry 4

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 843,361

F2 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted RSUs. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

F5 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.81 to $11.91, inclusive.

SEC source: 0001062993-25-005925 · form4.xml · nonDerivative · entry 3

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 845,398

F2 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted RSUs. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

F4 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.81 to $11.80, inclusive.

SEC source: 0001062993-25-006021 · form4.xml · nonDerivative · entry 2

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 71,366

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

F3 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.84 to $11.91, inclusive.

SEC source: 0001062993-25-006021 · form4.xml · nonDerivative · entry 1

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 71,677

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.83 to $11.82, inclusive. 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 ranges set forth in Footnotes 2 and 3 to this Form 4.

SEC source: 0001062993-25-005923 · form4.xml · nonDerivative · entry 1

Insley Susan Brasse · CIK 0002060247 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 143,440

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units.

SEC source: 0001062993-25-005922 · form4.xml · nonDerivative · entry 2

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 81,100

F2 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted RSUs. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

SEC source: 0001062993-25-005922 · form4.xml · nonDerivative · entry 1

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 81,788

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units ("RSUs").

SEC source: 0001062993-25-005925 · form4.xml · nonDerivative · entry 2

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 857,206

F2 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted RSUs. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

F3 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.98 to $11.44, inclusive. 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 ranges set forth in Footnotes 3, 4 and 5 to this Form 4.

SEC source: 0001062993-25-005925 · form4.xml · nonDerivative · entry 1

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 858,459

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units ("RSUs").

SEC source: 0001062993-25-005924 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,550,358

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of previously granted restricted stock units. This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 29, 2024.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.875 to $11.51, inclusive. 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 ranges set forth in this Footnote.

SEC source: 0001062993-25-005721 · form4.xml · derivative · entry 3

Insley Susan Brasse · CIK 0002060247 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,011

Underlying: Common Stock · 53,011 shares

Expires 2035-03-14

F3 · derivative.exercise_date: Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the Options shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005721 · form4.xml · nonDerivative · entry 2

Insley Susan Brasse · CIK 0002060247 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 148,880

F2 · shares: Represents a bonus grant of RSUs. 100% of the RSUs vested on March 14, 2025 (the grant date).

SEC source: 0001062993-25-005721 · form4.xml · nonDerivative · entry 1

Insley Susan Brasse · CIK 0002060247 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,544

F1 · shares: Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005722 · form4.xml · derivative · entry 3

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,873

Underlying: Common Stock · 23,873 shares

Expires 2035-03-14

F3 · derivative.exercise_date: Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the Options shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005722 · form4.xml · nonDerivative · entry 2

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 85,105

F2 · shares: Represents a bonus grant of RSUs. 100% of the RSUs vested on March 14, 2025 (the grant date).

SEC source: 0001062993-25-005722 · form4.xml · nonDerivative · entry 1

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 75,992

F1 · shares: Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005724 · form4.xml · derivative · entry 3

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,011

Underlying: Common Stock · 53,011 shares

Expires 2035-03-14

F3 · derivative.exercise_date: Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the Options shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005724 · form4.xml · nonDerivative · entry 2

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 862,936

F2 · shares: Represents a bonus grant of RSUs. 100% of the RSUs vested on March 14, 2025 (the grant date).

SEC source: 0001062993-25-005724 · form4.xml · nonDerivative · entry 1

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 849,689

F1 · shares: Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005723 · form4.xml · derivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 141,362

Underlying: Common Stock · 141,362 shares

Expires 2035-03-14

F2 · derivative.exercise_date: Represents a grant of stock options (the "Options") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the Options shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the Options shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005723 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,613,226

F1 · shares: Represents a grant of restricted stock units ("RSUs") that will vest over a four-year period. Subject to the Reporting Person's continued service through each of the applicable vesting dates, 1/4 of the RSUs shall vest on March 14, 2026 (the one-year anniversary of the grant date), and 1/16 of the RSUs shall vest quarterly in substantially equal installments thereafter.

SEC source: 0001062993-25-005516 · form4.xml · derivative · entry 1

SUBIN NEIL S · CIK 0001201333 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Persian Road I, LP

Disclosed balance after: 6,300,000

Underlying: Common Stock · 6,300,000 shares

Expires 2028-06-30

F1 · price: 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, into the Issuer's shares of common stock at a price of $12.56 per share, and shall mature on June 30, 2028.

F1 · derivative.exercise_date: 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, into the Issuer's shares of common stock at a price of $12.56 per share, and shall mature on June 30, 2028.

F1 · ownership.nature: 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, into the Issuer's shares of common stock at a price of $12.56 per share, and shall mature on June 30, 2028.

SEC source: 0001213900-25-026596 · primary_doc.xml · derivative · entry 1

SUBIN NEIL S · CIK 0001201333 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Persian Road I, LP

Disclosed balance after: 501,592

Underlying: Common Stock · 501,592 shares

Expires 2028-06-30

F1 · shares: 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 · price: 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.

F2 · derivative.exercise_date: 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.

F1 · derivative.underlying_shares: 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.

F1 · balance_after: 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 · ownership.nature: 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.

SEC source: 0001062993-25-005369 · form4.xml · derivative · entry 2

Black James S · CIK 0001945586 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 104,319

Underlying: Common Stock · 104,319 shares

Expires 2035-03-11

F2 · derivative.exercise_date: Represents a grant of stock options (the "Options"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, twenty five percent (25%) of the Options shall vest on the one-year anniversary of March 11, 2025, and the remaining portion shall vest in equal quarterly installments over the subsequent three years.

SEC source: 0001062993-25-005369 · form4.xml · nonDerivative · entry 1

Black James S · CIK 0001945586 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,779

F1 · shares: Represents a grant of restricted stock units ("RSUs"). Subject to the Reporting Person's continued service through each of the applicable vesting dates, twenty five percent (25%) of the RSUs shall vest on the one-year anniversary of March 11, 2025, and the remaining portion shall vest in equal quarterly installments over the subsequent three years.

SEC source: 0001062993-24-020925 · form4.xml · nonDerivative · entry 1

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 60,695

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

SEC source: 0001062993-24-020845 · form4.xml · nonDerivative · entry 1

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 60,797

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

SEC source: 0001062993-24-020846 · form4.xml · nonDerivative · entry 1

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 815,722

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 30, 2024.

F2 · price: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.50 to $17.74, inclusive. 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 ranges set forth in this Footnote.

SEC source: 0001062993-24-020844 · form4.xml · nonDerivative · entry 1

Raghupathy Arun · CIK 0001879145 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,087,019

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").

SEC source: 0001062993-24-020140 · form4.xml · nonDerivative · entry 2

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,522,647

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 29, 2024.

F3 · shares: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at pricing ranging from $16.45 to $17.17, inclusive. 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 ranges set forth in this Footnote.

SEC source: 0001062993-24-020140 · form4.xml · nonDerivative · entry 1

Sorond Mariam · CIK 0001998558 · Director · CEO, President and Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,574,117

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 29, 2024.

F2 · shares: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at pricing ranging from $16.17 to $17.07, inclusive. 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 ranges set forth in this Footnote.

SEC source: 0001213900-24-100152 · ownership.xml · nonDerivative · entry 1

Raghupathy Arun · CIK 0001879145 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,090,351

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").

SEC source: 0001213900-24-100151 · ownership.xml · nonDerivative · entry 1

Lantz Robert · CIK 0001907916 · General Counsel

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 88,065

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU"). This sale was effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 14, 2024.

SEC source: 0001213900-24-080654 · ownership.xml · nonDerivative · entry 1

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,353

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").

SEC source: 0001213900-24-073031 · ownership.xml · nonDerivative · entry 3

SUBIN NEIL S · CIK 0001201333 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By MILFAM Investments LLC

Disclosed balance after: 2,515,213

F3 · price: Weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.73 to $7.00, inclusive.

F4 · ownership.nature: Neil Subin is the Manager of MILFAM LLC. MILFAM LLC is the manager of Milfam Investments LLC. Mr. Subin disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

SEC source: 0001213900-24-073031 · ownership.xml · nonDerivative · entry 2

SUBIN NEIL S · CIK 0001201333 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By MILFAM Investments LLC

Disclosed balance after: 2,490,213

F2 · price: Weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.82 to $7.05, inclusive.

F4 · ownership.nature: Neil Subin is the Manager of MILFAM LLC. MILFAM LLC is the manager of Milfam Investments LLC. Mr. Subin disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

SEC source: 0001213900-24-073031 · ownership.xml · nonDerivative · entry 1

SUBIN NEIL S · CIK 0001201333 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By MILFAM Investments LLC

Disclosed balance after: 2,365,213

F1 · price: Weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.75 to $7.01, inclusive.

F4 · ownership.nature: Neil Subin is the Manager of MILFAM LLC. MILFAM LLC is the manager of Milfam Investments LLC. Mr. Subin disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

SEC source: 0001213900-24-068224 · ownership.xml · nonDerivative · entry 1

Shams Sammaad · CIK 0001881628 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,088

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").

SEC source: 0001213900-24-068225 · ownership.xml · nonDerivative · entry 1

Raghupathy Arun · CIK 0001879145 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,091,474

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").

SEC source: 0001213900-24-068226 · ownership.xml · nonDerivative · entry 1

Gates Christian D. · CIK 0001877023 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 819,640

F1 · shares: Represents the number of shares that had been sold to satisfy tax obligation upon vesting of the restricted stock units ("RSU").

SEC source: 0001104659-24-074452 · tm2418153-1_4seq1.xml · nonDerivative · entry 6

SAMBERG JOSEPH D · CIK 0001264542 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By JDS TMT, LP

Disclosed balance after: 730,000

F4 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.700 to $7.910, inclusive.

F1 · ownership.nature: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein

SEC source: 0001104659-24-074452 · tm2418153-1_4seq1.xml · nonDerivative · entry 3

SAMBERG JOSEPH D · CIK 0001264542 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Joseph D. Samberg Revocable Trust

Disclosed balance after: 10,000,200

F4 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.700 to $7.910, inclusive.

F1 · ownership.nature: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein

SEC source: 0001213900-24-055720 · ownership.xml · nonDerivative · entry 1

Palmer Nicola · CIK 0001812609 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,623

F1 · shares: Represents a grant of restricted shares (the "Restricted Shares"). Subject to the Reporting Person's continued service through each of the applicable vesting dates 100% of the Restricted Shares shall vest on May 1, 2025.

SEC source: 0001104659-24-074452 · tm2418153-1_4seq1.xml · nonDerivative · entry 8

SAMBERG JOSEPH D · CIK 0001264542 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By NHW Ventures LLC

Disclosed balance after: 300,000

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.335 to $7.650, inclusive.

F1 · ownership.nature: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein

SEC source: 0001104659-24-074452 · tm2418153-1_4seq1.xml · nonDerivative · entry 5

SAMBERG JOSEPH D · CIK 0001264542 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By JDS TMT, LP

Disclosed balance after: 723,400

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.335 to $7.650, inclusive.

F1 · ownership.nature: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein

SEC source: 0001104659-24-074452 · tm2418153-1_4seq1.xml · nonDerivative · entry 2

SAMBERG JOSEPH D · CIK 0001264542 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By The Joseph D. Samberg Revocable Trust

Disclosed balance after: 9,925,600

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.335 to $7.650, inclusive.

F1 · ownership.nature: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein