Shanti Gupta - Sep 26, 2024 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Signature
/s/ Shanti Gupta
Stock symbol
ASTS
Transactions as of
Sep 26, 2024
Transactions value $
-$2,066,400
Form type
4
Date filed
9/30/2024, 06:49 PM
Previous 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 +75K +18.83% $0.00 473K Sep 26, 2024 Direct F1
transaction ASTS Class A Common Stock Sale -$2.07M -80K -16.91% $25.83 393K Sep 30, 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 ("RSUs") that vest 1/3 on August 15, 2025, 1/3 on August 15, 2026 and 1/3 on August 15, 2027 subject to the Reporting Person's continued service through the vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $25.73 per share to $25.93 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.