Kelyn Brannon - Sep 20, 2021 Form 4 Insider Report for Astra Space, Inc. (ASTR)

Role: Chief Financial Officer
Signature: /s/ Kelyn Brannon
Stock symbol: ASTR
Transactions as of: Sep 20, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/22/2021, 04:49 PM
Previous filing: Jul 2, 2021
Next filing: Jan 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTR	Class A Common Stock	Award	$0	+1.39M		$0.00	1.39M	Sep 20, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ASTR	Employee stock option (right to buy)	Award	$0	+1.24M		$0.00	1.24M	Sep 20, 2021	Class A Common Stock	1.24M	$9.04	Direct	F3
transaction	ASTR	Employee stock option (right to buy)	Award	$0	+651K	+52.3%	$0.00	1.9M	Sep 20, 2021	Class A Common Stock	651K	$9.04	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On the transaction date, the reporting person received a grant of restricted stock units ("RSUs") under the Astra Space, Inc. 2021 Omnibus Incentive Plan (the "Plan"). The RSUs granted to the reporting person vest as follows: 25% of the grant vesting on February 15, 2022, and then in substantially equal quarterly installments beginning on May 15, 2022, through and including February 15, 2025.
F2	Each RSU is equivalent in value to one share of Class A common stock, par value $0.0001 per share of Astra Space, Inc. (the "Company").
F3	On the transaction date, the reporting person received a grant of time-based stock options (the "Time-Based Options") under the Plan. The Time-Based Options granted to the reporting person vest as follows: 25% of the grant vesting on February 15, 2022, and then in substantially equal quarterly installments beginning on May 15, 2022, through and including February 15, 2025.
F4	On the transaction date, the reporting person received a grant of a stock option under the Plan that vests pursuant to certain milestones set forth in the applicable award agreement, which form is filed as an exhibit to the Company's Current Report on Form 8-K filed on the date hereof.