AST SpaceMobile, Inc. — Director's Dealing 2021

Apr 9, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Cisneros Adriana (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	5600	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants	$11.50		Class A Common Stock (2800)		Indirect

Footnotes

F1: Nicholas Griffin, the Reporting Person's spouse, purchased (i) 2,400 units of New Providence Acquisition Corp. ("NPA Units") at a price of $10.80 per NPA Unit on December 16, 2020 and (ii) 3,200 NPA Units at a price of $15.82 per NPA Unit on January 14, 2021. Each NPA Unit consists of one share of Class A common stock of the Issuer and one-half of one warrant to purchase one share of Class A common stock of the Issuer (each whole warrant, a "Warrant"). The Class A common stock reported herein represents the Class A common stock of the Issuer underlying such units. The Reporting Person disclaims beneficial ownership of the securities held by Nicholas Griffin, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F2: The Warrants reported herein represent the Warrants underlying (i) the 2,400 NPA Units purchased by Nicholas Griffin on December 16, 2020 and (ii) the 3,200 NPA Units of the Issuer purchased by Nicholas Griffin on January 14, 2021. Each Warrant is exercisable at an exercise price of $11.50 per share of Class A Common Stock of the Issuer, subject to certain anti-dilution adjustments.

F3: (continued) The Warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination and (ii) 12 months following the closing of the IPO, and the Warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, in each case as described under the heading "The Offering--Redeemable Warrants " in the Issuer's Registration Statement on Form S-1 (File No. 333-233449) filed with the Securities and Exchange Commission on September 12, 2019 (the "Registration Statement"). The Reporting Person disclaims beneficial ownership of these Warrants, except to the extent of her pecuniary interest therein.