AST SpaceMobile, Inc. — Director's Dealing 2021

Apr 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AST SpaceMobile, Inc. (ASTS)
CIK: 0001780312
Period of Report: 2021-04-06

Reporting Person: SEVERSON THOMAS E JR (Director, Chief Fin. & Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-06	Class B Common Stock	A	1595165	—	Acquired	1595165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-06	Common Units	$	A	1595165	Acquired		Class A Common Stock (1595165)	Direct
2021-04-06	Stock Option	$0.06	A	1566161	Acquired	2029-04-17	Common Units (1566161)	Direct

Footnotes

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.