Insider Transaction (Form 4)

0001493152-24-010559 — Filed 2024-03-19

Form type: 4

Filing date: 2024-03-19

Report date: 2024-03-15

Accepted: 2024-03-20 01:00 UTC

Day change: +3.15% (2024-03-20)

Description: N/A

Document: xslF345X05/ownership.xml

Format: xml

Size: 16.2 KB

Download status: downloaded

AI Summary

Sean Wallace, Chief Financial Officer of AST SpaceMobile, received 150,000 Class A Common Stock shares on March 15, 2024 as a performance-based restricted stock unit award that vested 50% immediately upon certification of performance conditions, with the remaining 50% vesting one year later subject to continued employment. Wallace withheld 9,090 shares at $3.14 per share to cover tax obligations related to the vesting, resulting in a net position of 563,637 beneficially owned shares following the transaction.

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