Sec Form 3 Filing - Presutti Timothy M. @ NEXTNAV INC. - 2022-05-19

FORM 3 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 Presutti Timothy M. 2. Issuer Name and Ticker or Trading Symbol NEXTNAV INC. [ NN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 2802 TIMMONS LANE #27440 3. Date of Earliest Transaction (MM/DD/YY) 05/19/2022 (Street) HOUSTON,, TX77227 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 15,066,044 D( 1 ) Common Stock 640,000 I See Footnotes( 2 ) Common Stock 20,000 I See Footnotes( 3 ) Common Stock 385,498 I See Footnotes( 4 ) Common Stock 2,510( 12 ) D Common Stock 1,000 I See Footnotes( 5 ) Common Stock 416,789 I See Footnotes( 6 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Securi ty (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 $ 11.5 ( 7 ) ( 8 ) Common Stock 700,215 I See Footnotes( 9 ) Warrants $ 11.5 ( 7 ) ( 8 ) Common Stock 25,000 D( 10 ) Warrants $ 11.5 ( 7 ) ( 8 ) Common Stock 298,966 I See Footnotes( 11 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Presutti Timothy M. 2802 TIMMONS LANE #27440 HOUSTON,, TX77227 X Signatures /s/ Timothy M. Presutti 05/31/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents 15,066,004 shares of common stock held by WOCAP Global Opportunity Investment Partners, LP ("WOCAP LP"), whose general partner is WOCAP Global Opportunity Investment Partners GP LLC ("WOCAP GOIP GP LLC"), whose managing member is Woody Creek MM LLC ("WCMM LLC"). Mr. Presutti is the sole member of WCMM LLC. ( 2 )Represents 640,000 shares of common stock held by WOCAP II LP ("WOCAP II"), whose general partner is WOCAP II GP LLC ("WOCAP II GP"). Mr. Presutti is the sole member of WOCAP II GP. ( 3 )Represents 20,000 shares of common stock held by WOCAP GOIP GP LLC, whose managing member is WCMM LLC. Mr. Presutti is the sole member of WCMM LLC. ( 4 )Represents 385,498 shares of common stock held by Reds Road Holdings LLC ("RRH"). Mr. Presutti is the sole member of RRH. ( 5 )Represents 1,000 shares of common stock held by Woody Creek Capital Partners Defined Benefit Pension Plan, whose trustee and a beneficiary is Mr. Presutti. ( 6 )Represents 416,789 shares of common stock held by Broadbill Credit Arbitrage LLC ("BCA"), whose sole member is WOCAP II, whose general partner is WOCAP II GP. Mr. Presutti is the sole member of WOCAP II GP. ( 7 )The warrants became exercisable 30 days after the completion of the initial business combination, which closed on October 28, 2021 (the "Initial Business Combination"). ( 8 )The warrants will expire five years after the completion of the Initial Business Combination. ( 9 )Represents 700,215 warrants exercisable for the right to purchase 700,215 shares of common stock held by RRH. Mr. Presutti is the sole member of RRH. ( 10 )Represents 25,000 warrants exercisable for the right to purchase 25,000 shares of common stock held by WOCAP LP, whose general partner is WOCAP GOIP GP LLC, whose managing member is WCMM LLC. Mr. Presutti is the sole member of WCMM LLC. ( 11 )Represents 298,966 warrants exercisable for the right to purchase 298,966 shares of common stock held by BCA, whose sole member is WOCAP II, whose general partner is WOCAP II GP. Mr. Presutti is the sole member of WOCAP II GP. ( 12 )Represents shares directly and beneficially owned by Mr. Presutti, and includes 10 shares of common stock jointly owned with Mr. Presutti's spouse.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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