Scott Wisniewski - Sep 26, 2024 Form 4/A - Amendment Insider Report for AST SpaceMobile, Inc. (ASTS)

Role
President
Signature
/s/ Scott Wisniewski
Stock symbol
ASTS
Transactions as of
Sep 26, 2024
Transactions value $
-$684,150
Form type
4/A - Amendment
Date filed
10/1/2024, 06:34 PM
Date Of Original Report
Sep 30, 2024
Previous filing
Jul 1, 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 +14.39% $0.00 596K Sep 26, 2024 Direct F1
transaction ASTS Class A Common Stock Award $0 +145K +24.32% $0.00 741K Sep 26, 2024 Direct F2
transaction ASTS Class A Common Stock Tax liability -$614K -25.8K -3.47% $23.83 715K Sep 26, 2024 Direct F3
transaction ASTS Class A Common Stock Sale -$62.7K -2.4K -0.34% $26.12 713K Sep 30, 2024 Direct F4, F5
transaction ASTS Class A Common Stock Sale -$7.84K -300 -0.04% $26.13 713K Sep 30, 2024 Direct F4, F5
* 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 a grant of RSUs, upon the certification by the Issuer's compensation committee of the deemed satisfaction of performance conditions, that vest 50% on September 26, 2024 and 50% on September 26, 2025 subject to the Reporting Person's continued service through the vesting date.
F3 Represents a payment of tax liability by withholding securities incident to the vesting of RSUs representing 72,500 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of shares of 46,750 shares.
F4 Represents additional shares of Class A common stock sold by the Reporting Person to cover anticipated additional tax liabilities in connection with the grants and vestings of RSUs described above.
F5 This amendment is being filed to address an error in reporting the prices at which the shares were sold in transactions on September 30, 2024.