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

Signature
/s/ Shanti Gupta
Stock symbol
ASTS
Transactions as of
Sep 15, 2024
Transactions value $
-$762,902
Form type
4
Date filed
9/17/2024, 03:14 PM
Previous filing
Jun 4, 2024
Next filing
Sep 30, 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 +13.38% $0.00 424K Sep 15, 2024 Direct F1
transaction ASTS Class A Common Stock Tax liability -$763K -25.6K -6.03% $29.83 398K Sep 15, 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.