Shanti Gupta - 31 May 2024 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role
Chief accounting Officer
Signature
/s/ Shanti Gupta
Issuer symbol
ASTS
Transactions as of
31 May 2024
Net transactions value
-$219,155
Form type
4
Filing time
04 Jun 2024, 20:00:17 UTC
Previous filing
19 Mar 2024
Next filing
17 Sep 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 +50,000 +14% $0.000000 400,307 31 May 2024 Direct F1
transaction ASTS Class A Common Stock Tax liability $219,155 -26,500 -6.6% $8.27 373,807 31 May 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 that vested entirely on May 31, 2024 upon the certification by the Issuer's compensation committee of the deemed satisfaction of performance conditions.
F2 Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 50,000 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of shares of 23,500 shares.