Shanti B. Gupta - 15 Sep 2024 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role
Chief Operating Officer
Signature
/s/ Shanti Gupta
Issuer symbol
ASTS
Transactions as of
15 Sep 2024
Net transactions value
-$762,902
Form type
4
Filing time
17 Sep 2024, 15:14:33 UTC
Previous filing
04 Jun 2024
Next filing
30 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTS Class A Common Stock Award $0 +50,000 +13% $0.000000 423,807 15 Sep 2024 Direct F1
transaction ASTS Class A Common Stock Tax liability $762,902 -25,575 -6% $29.83 398,232 15 Sep 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 vest 25% per year on each anniversary of September 15, 2021, subject to continued service through the vesting date.
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 24,425 shares.