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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 | ||||||||
Stock Option (right to buy) | $ 2.43 | 06/21/2022(3) | A | 133,986 | (4) | 05/13/2032 | Common Stock | 133,986 | $ 0 | 133,986 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Leizerovitz Eli 777 YAMATO ROAD, SUITE 310 BOCA RATON, FL 33431 |
Head of Products |
/s/ Christopher J. Riley, Attorney-in-Fact | 06/22/2022 | |
**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) | The grant was approved by the compensation committee (the "Compensation Committee") of the board of directors of Airspan Networks Holdings Inc. (the "Company") on April 26, 2022, subject to stockholder approval of the Airspan Networks Holdings Inc. Amended and Restated 2021 Stock Incentive Plan (the "Plan"). The Company's stockholders approved the Plan on June 21, 2022. |
(2) | The reported transaction involved the reporting person's receipt of a grant of 154,620 restricted stock units under the Plan. |
(3) | The grant was approved by the Compensation Committee on April 26, 2022, with a prospective grant date of May 13, 2022, subject to stockholder approval of the Plan. The Company's stockholders approved the Plan on June 21, 2022. |
(4) | The stock option vests as to 25% on April 26, 2023, and in 36 equal monthly installments thereafter. |