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

Signature
/s/ Huiwen Yao
Issuer symbol
ASTS
Transactions as of
19 Jun 2024
Net transactions value
$0
Form type
3
Filing time
01 Jul 2024, 17:01:10 UTC
Next filing
07 Oct 2024

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 19 Jun 2024 Class A Common Stock 544,912 $0.0641 See Footnote F1
holding ASTS AST LLC Incentive Equity Options 19 Jun 2024 Class A Common Stock 217,522 $0.6001 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.