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Yao Huiwen, Chief Technology Officer of AST SpaceMobile, filed an initial beneficial ownership statement on June 19, 2024, disclosing indirect ownership of derivative securities consisting of two tranches of AST LLC Incentive Equity Options totaling 762,434 shares underlying Class A Common Stock with exercise prices of $0.0641 and $0.6001 per share. The options vest over time and are exercisable between October 2023 and May 2030, with conversion contingent on a multi-step process involving AST LLC units and redemption rights.