Huiwen Yao - 03 Oct 2024 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role
Chief Technology Officer
Signature
/s/ Huiwen Yao
Issuer symbol
ASTS
Transactions as of
03 Oct 2024
Net transactions value
$0
Form type
4
Filing time
07 Oct 2024, 21:45:56 UTC
Previous filing
01 Jul 2024
Next filing
10 Oct 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 +100,000 $0.000000 100,000 03 Oct 2024 Direct F1

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
transaction ASTS AST LLC Incentive Equity Options Exercise of in-the-money or at-the-money derivative security $0 -100,000 -13% $0.000000 662,434 03 Oct 2024 Class A Common Stock 100,000 $0.0641 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock obtained from exercise of AST LLC Incentive Equity Options.
F2 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.