X0303 4 2010-04-09 1 0001116435 AIRVANA INC AIRV 0001135082 AHMED HASSAN C/O AIRVANA, INC. 19 ALPHA ROAD CHELMSFORD MA 01824 1 0 0 0 Common Stock 2010-04-09 4 D 0 125655 D 0 D Stock Option (Right to Buy) 5.71 2010-04-09 4 D 0 18754 1.94 D 2018-05-21 Common Stock 18754 0 D Stock Option (Right to Buy) 5.22 2010-04-09 4 D 0 18754 2.43 D 2019-05-18 Common Stock 18754 0 D Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 17, 2009, by and among the issuer, 72 Mobile Holdings, LLC and 72 Mobile Acquisition Corp. in exchange for a cash payment of $961,260.75 ($7.65 per share) on the effective date of the merger. This stock option, which vested with respect to 50% of the shares on the first anniversary of the date of grant and with respect to an additional 12.5% of the shares at the end of each successive three-month period thereafter until the second anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $36,382.76 representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($7.65 per share). This stock option, which vested with respect to 50% of the shares on the first anniversary of the date of grant and with respect to an additional 12.5% of the shares at the end of each successive three-month period thereafter until the second anniversary of the date of grant, was canceled in the merger in exchange for a cash payment of $45,572.22 representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($7.65 per share). /s/ Peter C. Anastos, Attorney-in-Fact for Hassan M. Ahmed 2010-04-13