Filing Details
- Accession Number:
- 0001829126-21-008168
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-17 12:29:28
- Reporting Period:
- 2021-08-13
- Accepted Time:
- 2021-08-17 12:29:28
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1823882 | Airspan Networks Holdings Inc. | MIMO | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1183755 | L Bandel Carano | C/O Oak Investment Partners 901 Main Avenue, Suite 600 Norwalk CT 06851 | Yes | No | Yes | No | |
| 1299239 | P L Xi Partners Investment Oak | 901 Main Avenue, Suite 600 Norwalk CT 06851 | No | No | Yes | No | |
| 1466232 | Oak Investment Partners Xiii, Limited Partnership | 901 Main Avenue, Suite 600 Norwalk CT 06851 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-08-13 | 25,038,852 | $0.00 | 25,038,852 | No | 4 | J | Indirect | See footnote |
| Common Stock | Acquisiton | 2021-08-13 | 3,400,207 | $0.00 | 3,400,207 | No | 4 | J | Indirect | See footnote |
| Common Stock | Acquisiton | 2021-08-13 | 200,000 | $10.00 | 3,600,207 | No | 4 | P | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Indirect | See footnote |
| No | 4 | J | Indirect | See footnote |
| No | 4 | P | Indirect | See footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrants (right to buy) | Acquisiton | 2021-08-13 | 1,264,993 | $0.00 | 1,264,993 | $12.50 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2021-08-13 | 171,782 | $0.00 | 171,782 | $12.50 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2021-08-13 | 1,264,993 | $0.00 | 1,264,993 | $15.00 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2021-08-13 | 171,782 | $0.00 | 171,782 | $15.00 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2021-08-13 | 1,264,993 | $0.00 | 1,264,993 | $17.50 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2021-08-13 | 171,782 | $0.00 | 171,782 | $17.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,264,993 | 2021-08-13 | 2023-08-13 | No | 4 | J | Indirect |
| 171,782 | 2021-08-13 | 2023-08-13 | No | 4 | J | Indirect |
| 1,264,993 | 2021-08-13 | 2023-08-13 | No | 4 | J | Indirect |
| 171,782 | 2021-08-13 | 2023-08-13 | No | 4 | J | Indirect |
| 1,264,993 | 2021-08-13 | 2023-08-13 | No | 4 | J | Indirect |
| 171,782 | 2021-08-13 | 2023-08-13 | No | 4 | J | Indirect |
Footnotes
- Received in exchange for (a) 72,123 shares of Airspan Networks Inc. ("Legacy Airspan") Series B-1 Preferred Stock, (b) 416,667 shares of Legacy Airspan Series C-1 Preferred Stock, (c) 721,643 shares of Legacy Airspan Series D Preferred Stock, (d) 370,000 shares of Legacy Airspan Series D-2 Preferred Stock, (e) 162,141 shares of Legacy Airspan Series F Senior Preferred Stock and (f) 285,339 shares of Legacy Airspan Series G Senior Preferred Stock, in each case, 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.
- Represents securities directly owned by Oak Investment Partners XI, Limited Partnership ("Oak XI"). Bandel L. Carano is a member of Airspan Networks Holdings Inc.'s board of directors. The names of the parties who share power to vote and dispose of the securities held by Oak XI are Bandel L. Carano, Edward F. Glassmeyer, Frederic W. Harman and Ann H. Lamont, each of whom is a Managing Member of Oak Associates XI, LLC, the General Partner of Oak XI. Bandel L. Carano and these individuals disclaim beneficial ownership with respect to such securities except to the extent of their pecuniary interest therein.
- Received in exchange for (a) 128,133 shares of Legacy Airspan Class B Common Stock, (b) 23,163 shares of Legacy Airspan Series F Senior Preferred Stock, (c) 134,512 shares of Legacy Airspan Series G Senior Preferred Stock, (d) 56,910 shares of Legacy Airspan Series H Senior Preferred Stock and (e) warrants exercisable for 28,455 shares of Legacy Airspan Series H Senior Preferred Stock, in each case, in connection with the Merger.
- Represents securities directly owned by Oak Investment Partners XIII, Limited Partnership ("Oak XIII"). Bandel L. Carano is a member of Airspan Networks Holdings Inc.'s board of directors. The names of the parties who share power to vote and dispose of the securities held by Oak XIII are Bandel L. Carano, Edward F. Glassmeyer, Frederic W. Harman and Ann H. Lamont, each of whom is a Managing Member of Oak Associates XIII, LLC, the General Partner of Oak XIII. Bandel L. Carano and these individuals disclaim beneficial ownership with respect to such securities except to the extent of their pecuniary interest therein.
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