Insider Transaction (Form 4)

0001493152-21-008361 — Filed 2021-04-08

Form type: 4

Filing date: 2021-04-08

Report date: 2021-04-06

Accepted: 2021-04-09 01:53 UTC

Description: N/A

Document: xslF345X03/ownership.xml

Format: xml

Size: 17.6 KB

Download status: downloaded

AI Summary

On April 6, 2021, Thomas E. Severson Jr., Chief Financial and Operating Officer of AST SpaceMobile, acquired 1,595,165 Class B Common Stock shares and 1,595,165 Common Units as part of the business combination closing between New Providence Acquisition Corp. and AST & Science, LLC, along with stock options for 1,566,161 Common Units exercisable at $0.06 per share. The Common Units are redeemable for Class A Common Stock on a one-to-one basis beginning April 6, 2022, and the stock options vest 20% on October 1, 2018, with the remainder vesting in 48 equal monthly installments.

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