Sec Form 4 Filing - Jarvis Scot B @ Airspan Networks Holdings Inc. - 2021-08-13

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Jarvis Scot B
 2. Issuer Name and Ticker or Trading Symbol
Airspan Networks Holdings Inc. [ MIMO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
777 YAMATO ROAD, SUITE 310 		3. Date of Earliest Transaction (MM/DD/YY)
08/13/2021
(Street)
BOCA RATON, FL33431 		4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 J 251,910 A 251,910 I See footnote ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY) 		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
Warrants (right to buy) $ 12.5 08/13/2021 J 12,727 08/13/2021 08/13/2023 Common Stock 12,727 ( 1 ) 12,727 I See footnote ( 2 )
Warrants (right to buy) $ 15 08/13/2021 J 12,727 08/13/2021 08/13/2023 Common Stock 12,727 ( 1 ) 12,727 I See footnote ( 2 )
Warrants (right to buy) $ 17.5 08/13/2021 J 12,727 08/13/2021 08/13/2023 Common Stock 12,727 ( 1 ) 12,727 I See footnote ( 2 )
Stock Option (right to buy) $ 1.94 08/13/2021 A 12,178 08/13/2021 06/09/2024 Common Stock 12,178 ( 3 ) 12,178 D
Stock Option (right to buy) $ 2.53 08/13/2021 A 6,490 08/13/2021 11/04/2024 Common Stock 6,490 ( 4 ) 6,490 D
Stock Option (right to buy) $ 2.53 08/13/2021 A 5,209 08/13/2021 01/29/2025 Common Stock 5,209 ( 5 ) 5,209 D
Stock Option (right to buy) $ 2.66 08/13/2021 A 6,974 08/13/2021 02/03/2026 Common Stock 6,974 ( 6 ) 6,974 D
Stock Option (right to buy) $ 3.36 08/13/2021 A 14,676 ( 7 ) 04/27/2027 Common Stock 14,676 ( 8 ) 14,676 D
Stock Option (right to buy) $ 5.42 08/13/2021 A 18,125 ( 9 ) 01/29/2029 Common Stock 18,125 ( 10 ) 18,125 D
Stock Option (right to buy) $ 3.96 08/13/2021 A 14,918 ( 11 ) 02/11/2030 Common Stock 14,918 ( 12 ) 14,918 D
Stock Option (right to buy) $ 6.29 08/13/2021 A 8,451 ( 13 ) 01/28/2031 Common Stock 8,451 ( 14 ) 8,451 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jarvis Scot B
777 YAMATO ROAD, SUITE 310
BOCA RATON, FL33431		 X
Signatures
/s/ David Brant, Attorney-in-Fact 08/13/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Received in exchange for (a) 16,260 shares of Airspan Networks Inc. ("Legacy Airspan") Series D Preferred Stock, (b) 4,065 shares of Legacy Airspan Series G Senior Preferred Stock, (c) 4,066 shares of Legacy Airspan Series H Senior Preferred Stock and (d) warrants exercisable for 2,033 shares of Legacy Airspan Series H Senior Preferred 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.), Legac y Airspan and Merger Sub.
( 2 )The securities are held by Connis Point Partners, LLC, of which Mr. Jarvis is the Managing Member.
( 3 )Received in the Merger in exchange for a stock option to acquire 2,111 shares of Legacy Airspan common stock for $11.22 per share.
( 4 )Received in the Merger in exchange for a stock option to acquire 1,125 shares of Legacy Airspan common stock for $14.61 per share.
( 5 )Received in the Merger in exchange for a stock option to acquire 903 shares of Legacy Airspan common stock for $14.61 per share.
( 6 )Received in the Merger in exchange for a stock option to acquire 1,209 shares of Legacy Airspan common stock for $15.32 per share.
( 7 )The stock option vests as to 25% on April 27, 2018, and in 36 equal monthly installments thereafter.
( 8 )Received in the Merger in exchange for a stock option to acquire 2,544 shares of Legacy Airspan common stock for $19.37 per share.
( 9 )The stock option vests as to 25% on January 29, 2020, and in 36 equal monthly installments thereafter.
( 10 )Received in the Merger in exchange for a stock option to acquire 3,142 shares of Legacy Airspan common stock for $31.26 per share.
( 11 )The stock option vests as to 25% on February 11, 2021, and in 36 equal monthly installments thereafter.
( 12 )Received in the Merger in exchange for a stock option to acquire 2,586 shares of Legacy Airspan common stock for $22.86 per share.
( 13 )The stock option vests as to 25% on January 28, 2022, and in 36 equal monthly installments thereafter.
( 14 )Received in the Merger in exchange for a stock option to acquire 1,465 shares of Legacy Airspan common stock for $36.30 per share.

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