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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 08/13/2021 | A | 175,000 | (3) | (3) | Common Stock | 175,000 | $ 0 | 175,000 | D | ||||
Stock Option (right to buy) | $ 1.94 | 08/13/2021 | A | 72,080 | 08/13/2021 | 06/09/2024 | Common Stock | 72,080 | (4) | 72,080 | D | ||||
Stock Option (right to buy) | $ 2.53 | 08/13/2021 | A | 25,982 | 08/13/2021 | 11/04/2024 | Common Stock | 25,982 | (5) | 25,982 | D | ||||
Stock Option (right to buy) | $ 2.53 | 08/13/2021 | A | 20,831 | 08/13/2021 | 01/29/2025 | Common Stock | 20,831 | (6) | 20,831 | D | ||||
Stock Option (right to buy) | $ 2.66 | 08/13/2021 | A | 27,897 | 08/13/2021 | 02/03/2026 | Common Stock | 27,897 | (7) | 27,897 | D | ||||
Stock Option (right to buy) | $ 3.36 | 08/13/2021 | A | 58,685 | (8) | 04/27/2027 | Common Stock | 58,685 | (9) | 58,685 | D | ||||
Stock Option (right to buy) | $ 5.42 | 08/13/2021 | A | 72,495 | (10) | 01/29/2029 | Common Stock | 72,495 | (11) | 72,495 | D | ||||
Stock Option (right to buy) | $ 3.96 | 08/13/2021 | A | 59,660 | (12) | 02/11/2030 | Common Stock | 59,660 | (13) | 59,660 | D | ||||
Stock Option (right to buy) | $ 6.29 | 08/13/2021 | A | 31,641 | (14) | 01/28/2031 | Common Stock | 31,641 | (15) | 31,641 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Shalev Uzi 777 YAMATO ROAD, SUITE 310 BOCA RATON, FL 33431 |
COO |
/s/ David Brant, Attorney-in-Fact | 08/13/2021 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Received in exchange for 4,432 restricted shares of Airspan Networks Inc. ("Legacy Airspan") common stock 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. |
(2) | Each restricted stock unit ("RSU") represents a right to receive one share of Airspan Networks Holdings Inc. common stock. |
(3) | The RSUs vest on the earliest to occur of (a) August 13, 2022, (b) Mr. Shalev's death, (c) Mr. Shalev's disability and (d) Mr. Shalev's qualifying separation, provided that Mr. Shalev continues to be employed by Legacy Airspan through such date or event. |
(4) | Received in the Merger in exchange for a stock option to acquire 12,495 shares of Legacy Airspan common stock for $11.22 per share. |
(5) | Received in the Merger in exchange for a stock option to acquire 4,504 shares of Legacy Airspan common stock for $14.61 per share. |
(6) | Received in the Merger in exchange for a stock option to acquire 3,611 shares of Legacy Airspan common stock for $14.61 per share. |
(7) | Received in the Merger in exchange for a stock option to acquire 4,836 shares of Legacy Airspan common stock for $15.32 per share. |
(8) | The stock option vests as to 25% on April 27, 2018, and in 36 equal monthly installments thereafter. |
(9) | Received in the Merger in exchange for a stock option to acquire 10,173 shares of Legacy Airspan common stock for $19.37 per share. |
(10) | The stock option vests as to 25% on January 29, 2020, and in 36 equal monthly installments thereafter. |
(11) | Received in the Merger in exchange for a stock option to acquire 12,567 shares of Legacy Airspan common stock for $31.26 per share. |
(12) | The stock option vests as to 25% on February 11, 2021, and in 36 equal monthly installments thereafter. |
(13) | Received in the Merger in exchange for a stock option to acquire 10,342 shares of Legacy Airspan common stock for $22.86 per share. |
(14) | The stock option vests as to 25% on January 28, 2022, and in 36 equal monthly installments thereafter. |
(15) | Received in the Merger in exchange for a stock option to acquire 5,485 shares of Legacy Airspan common stock for $36.30 per share. |