Airspan Networks Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2021

Schedule of common stock options
	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)

Outstanding, December 31, 2020		5,500,135		$	3.99		6.79
Granted^(a)		445,664			6.29
Exercised		(16,439	)		4.75
Forfeited		(155,932	)		4.22
Outstanding, September 30, 2021^(b)		5,773,428		$	4.16		6.19
Exercisable, September 30, 2021^(c)		4,068,628		$	3.76		5.32

(a)

The weighted average grant-date fair value of options granted during the nine months ending September 30, 2021 was $4.21 per share.

(b)

The aggregate intrinsic value of all options outstanding as of September 30, 2021 was $14.6 million.

(c)

The aggregate intrinsic value of all vested/exercisable options as of September 30, 2021 was $11.9 million.

Restricted Stock Awards

The following table sets forth the activity for all restricted stock awards:

	Number of Shares			Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Life (Years)

Outstanding, December 31, 2020		337,187		$	3.83		8.59
Granted		25,566			6.29
Forfeited		(17,282	)		2.08
Outstanding, September 30, 2021		345,471		$	4.10		8.37


Plans	Number of Shares
Total awards available to be issued		6,007,718
Total options outstanding		5,773,428
Total common stock reserved for future issuance under employee stock plans		11,781,146


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Research and development	$	214	$	199	$	682	$	598
Sales and marketing		140		103		476		309
General and administrative		293		180		950		538
Cost of sales		14		13		42		37
Total share-based compensation	$	661	$	495	$	2,150	$	1,482