ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MIMO Airspan Networks Holdings Inc

0.113
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Airspan Networks Holdings Inc AMEX:MIMO AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.113 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

17/08/2021 5:29pm

Edgar (US Regulatory)


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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BRANDT DAVID
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)
SVP & CFO
(Last)          (First)          (Middle)

777 YAMATO ROAD, SUITE 310
3. Date of Earliest Transaction (MM/DD/YYYY)

8/13/2021
(Street)

BOCA RATON, FL 33431
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 8/13/2021  A  1633 A (1)1633 D  
Common Stock 8/13/2021  A  76856 A (2)78489 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants (right to buy) $12.50 8/13/2021  A   83    8/13/2021 8/13/2023 Common Stock 83  (1)83 D  
Warrants (right to buy) $15.00 8/13/2021  A   83    8/13/2021 8/13/2023 Common Stock 83  (1)83 D  
Warrants (right to buy) $17.50 8/13/2021  A   83    8/13/2021 8/13/2023 Common Stock 83  (1)83 D  
Restricted Stock Units  (3)8/13/2021  A   350000     (4) (4)Common Stock 350000 $0 350000 D  
Stock Option (right to buy) $1.94 8/13/2021  A   97404    8/13/2021 6/9/2024 Common Stock 97404  (5)97404 D  
Stock Option (right to buy) $2.53 8/13/2021  A   51976    8/13/2021 11/4/2024 Common Stock 51976  (6)51976 D  
Stock Option (right to buy) $2.53 8/13/2021  A   41667    8/13/2021 1/29/2025 Common Stock 41667  (7)41667 D  
Stock Option (right to buy) $2.66 8/13/2021  A   55783    8/13/2021 2/3/2026 Common Stock 55783  (8)55783 D  
Stock Option (right to buy) $3.36 8/13/2021  A   117370     (9)4/27/2027 Common Stock 117370  (10)117370 D  
Stock Option (right to buy) $5.42 8/13/2021  A   144990     (11)1/29/2029 Common Stock 144990  (12)144990 D  
Stock Option (right to buy) $3.96 8/13/2021  A   135962     (13)2/11/2030 Common Stock 135962  (14)135962 D  
Stock Option (right to buy) $6.29 8/13/2021  A   67667     (15)1/28/2031 Common Stock 67667  (16)67667 D  

Explanation of Responses:
(1) Received in exchange for 283 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) Received in the Merger in exchange for 13,323 restricted shares of Airspan Legacy common stock.
(3) Each restricted stock unit ("RSU") represents a right to receive one share of Airspan Networks Holdings Inc. common stock.
(4) The RSUs vest on the earliest to occur of (a) August 13, 2022, (b) Mr. Brant's death, (c) Mr. Brant's disability and (d) Mr. Brant's qualifying separation, provided that Mr. Brant continues to be employed by Legacy Airspan through such date or event.
(5) Received in the Merger in exchange for a stock option to acquire 16,885 shares of Legacy Airspan common stock for $11.22 per share.
(6) Received in the Merger in exchange for a stock option to acquire 9,010 shares of Legacy Airspan common stock for $14.61 per share.
(7) Received in the Merger in exchange for a stock option to acquire 7,223 shares of Legacy Airspan common stock for $14.61 per share.
(8) Received in the Merger in exchange for a stock option to acquire 9,670 shares of Legacy Airspan common stock for $15.32 per share.
(9) The stock option vests as to 25% on April 27, 2018, and in 36 equal monthly installments thereafter.
(10) Received in the Merger in exchange for a stock option to acquire 20,346 shares of Legacy Airspan common stock for $19.37 per share.
(11) The stock option vests as to 25% on January 29, 2020, and in 36 equal monthly installments thereafter.
(12) Received in the Merger in exchange for a stock option to acquire 25,134 shares of Legacy Airspan common stock for $31.26 per share.
(13) The stock option vests as to 25% on February 11, 2021, and in 36 equal monthly installments thereafter.
(14) Received in the Merger in exchange for a stock option to acquire 23,569 shares of Legacy Airspan common stock for $22.86 per share.
(15) The stock option vests as to 25% on January 28, 2022, and in 36 equal monthly installments thereafter.
(16) Received in the Merger in exchange for a stock option to acquire 11,730 shares of Legacy Airspan common stock for $36.30 per share.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
BRANDT DAVID
777 YAMATO ROAD, SUITE 310
BOCA RATON, FL 33431


SVP & CFO

Signatures
/s/ David Brant8/13/2021
**Signature of Reporting PersonDate

1 Year Airspan Networks Chart

1 Year Airspan Networks Chart

1 Month Airspan Networks Chart

1 Month Airspan Networks Chart

Your Recent History

Delayed Upgrade Clock