Huiwen Yao - Oct 8, 2024 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role: Chief Technology Officer
Signature: /s/ Huiwen Yao
Stock symbol: ASTS
Transactions as of: Oct 8, 2024
Transactions value $: -$1,091,700
Form type: 4
Date filed: 10/10/2024, 05:00 PM
Previous filing: Oct 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTS	Class A Common Stock	Sale	-$1.09M	-45K	-45%	$24.26	55K	Oct 8, 2024	Direct	F1, F2

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
holding	ASTS	AST LLC Incentive Equity Options						445K	Oct 8, 2024	Class A Common Stock	445K	$0.06	See Footnote	F3
holding	ASTS	AST LLC Incentive Equity Options						218K	Oct 8, 2024	Class A Common Stock	218K	$0.60	See Footnote	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents additional shares of Class A common stock sold by the Reporting Person to cover anticipated additional tax liabilities in connection with the exercise of AST LLC Incentive Equity Options reported on 10/07/2024.
F2	Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $24.20 per share to $24.41 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.
F3	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.