FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
SMITH PETERSEN HENRIK
  2. Issuer Name and Ticker or Trading Symbol
Airspan Networks Holdings Inc. [MIMO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, Global Bus Dev
(Last)
(First)
(Middle)
777 YAMATO ROAD, SUITE 310
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2021
(Street)

BOCA RATON, FL 33431
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/13/2021   A   19,215 A (1) 19,215 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 08/13/2021   A   292,250     (3)   (3) Common Stock 292,250 $ 0 292,250 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   305,694     (12) 02/11/2030 Common Stock 305,694 (13) 305,694 D  
Stock Option (right to buy) $ 6.29 08/13/2021   A   56,498     (14) 01/28/2031 Common Stock 56,498 (15) 56,498 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMITH PETERSEN HENRIK
777 YAMATO ROAD, SUITE 310
BOCA RATON, FL 33431
      President, Global Bus Dev  

Signatures

 /s/ David Brant, Attorney-in-Fact   08/13/2021
**Signature of Reporting Person Date

Explanation of Responses:

* 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 3,331 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. Smith-Petersen's death, (c) Mr. Smith-Petersen's disability and (d) Mr. Smith-Petersen's qualifying separation, provided that Mr. Smith-Petersen 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 52,992 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 9,794 shares of Legacy Airspan common stock for $36.30 per share.

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