Shanti Gupta - May 31, 2024 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role
Chief accounting Officer
Signature
/s/ Shanti Gupta
Stock symbol
ASTS
Transactions as of
May 31, 2024
Transactions value $
-$219,155
Form type
4
Date filed
6/4/2024, 08:00 PM
Previous filing
Mar 19, 2024
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTS Class A Common Stock Award $0 +50K +14.27% $0.00 400K May 31, 2024 Direct F1
transaction ASTS Class A Common Stock Tax liability -$219K -26.5K -6.62% $8.27 374K May 31, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units that vested entirely on May 31, 2024 upon the certification by the Issuer's compensation committee of the deemed satisfaction of performance conditions.
F2 Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 50,000 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of shares of 23,500 shares.