4//SEC Filing
SEVERSON THOMAS E JR 4
Accession 0001493152-21-008361
CIK 0001780312other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 9:53 PM ET
Size
9.9 KB
Accession
0001493152-21-008361
Insider Transaction Report
Form 4
SEVERSON THOMAS E JR
DirectorChief Fin. & Operating Officer
Transactions
- Award
Class B Common Stock
2021-04-06+1,595,165→ 1,595,165 total - Award
Common Units
2021-04-06+1,595,165→ 1,595,165 total→ Class A Common Stock (1,595,165 underlying) - Award
Stock Option
2021-04-06+1,566,161→ 1,566,161 totalExercise: $0.06Exp: 2029-04-17→ Common Units (1,566,161 underlying)
Footnotes (3)
- [F1]In connection with the closing of the business combination between New Providence Acquisition Corp. and AST & Science, LLC ("AST") on April 6, 2021, each existing common unit previously issued by AST was reclassified and reissued by AST into new Common Units on a 1-to-14.50149869 basis. In addition, each equityholder of Common Units received an equivalent number of Class B Common Stock or Class C Common Stock of the Issuer, as applicable.
- [F2]The Common Units of AST may be redeemed by the Reporting Person at any time on or after April 6, 2022 for shares of the Issuer's Class A Common Stock on a one-to-one basis. The Common Units do not expire.
- [F3]The stock option vests and becomes exercisable with respect to 20% of the underlying Common Units on October 1, 2018, and the remaining will vest and become exercisable in 48 equal monthly installments thereafter.
Documents
Issuer
AST SpaceMobile, Inc.
CIK 0001780312
Entity typeother
Related Parties
1- filerCIK 0001207115
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 9:53 PM ET
- Size
- 9.9 KB