Huiwen Yao - Jun 19, 2024 Form 3 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role
Chief Technology Officer
Signature
/s/ Huiwen Yao
Stock symbol
ASTS
Transactions as of
Jun 19, 2024
Transactions value $
$0
Form type
3
Date filed
7/1/2024, 05:01 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ASTS AST LLC Incentive Equity Options Jun 19, 2024 Class A Common Stock 545K $0.06 See Footnote F1
holding ASTS AST LLC Incentive Equity Options Jun 19, 2024 Class A Common Stock 218K $0.60 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Six months after vesting, each AST LLC Incentive Equity Option is exercisable for an AST LLC Incentive Equity Unit, each of which is then exchangeable for an AST LLC Common Unit that is redeemable for one share of Class A Common Stock. The AST LLC Incentive Options expire no later than 10 years from the date of grant.