Sean Wallace - Mar 15, 2024 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role
Chief Financial Officer
Signature
/s/ Sean Wallace
Stock symbol
ASTS
Transactions as of
Mar 15, 2024
Transactions value $
-$28,543
Form type
4
Date filed
3/19/2024, 09:00 PM
Previous filing
Dec 5, 2022
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTS Class A Common Stock Award $0 +150K +35.48% $0.00 573K Mar 15, 2024 Direct F1
transaction ASTS Class A Common Stock Tax liability -$28.5K -9.09K -1.59% $3.14 564K Mar 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 the award of performance Restricted Stock Units that vested 50% on March 15, 2024, upon the certification by the Issuer's compensation committee of the satisfaction of performance conditions, with the remaining 50% vesting on March 15, 2025, 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 75,000 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of shares of 65,910 shares.