Filing Details

Accession Number:
0001493152-24-040755
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-10 17:00:21
Reporting Period:
2024-10-08
Accepted Time:
2024-10-10 17:00:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1780312 Ast Spacemobile Inc. ASTS Communications Services, Nec (4899) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
2027976 Huiwen Yao C/O Ast Spacemobile, Inc., Midland Air &Amp;
Space Port, 2901 Enterprise Lane
Midland TX 79706
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-10-08 45,000 $24.26 55,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock AST LLC Incentive Equity Options $0.06 2023-10-01 2029-04-17 444,912 444,912 Indirect
Class A Common Stock AST LLC Incentive Equity Options $0.60 2023-05-14 2030-05-20 217,522 217,522 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2029-04-17 444,912 444,912 Indirect
2030-05-20 217,522 217,522 Indirect
Footnotes
  1. 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.
  2. 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.
  3. 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.