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

Role
Chief Executive Officer and President, Director, 10%+ Owner
Signature
/s/ Chris Kemp
Stock symbol
ASTR
Transactions as of
Sep 20, 2021
Transactions value $
$0
Form type
4
Date filed
9/22/2021, 04:57 PM
Previous filing
Sep 22, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTR Class A Common Stock Award $0 +651K $0.00 651K 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 +1.3M $0.00 1.3M Sep 20, 2021 Class A Common Stock 1.3M $9.04 Direct F3
transaction ASTR Employee stock option (right to buy) Award $0 +6.51M +500% $0.00 7.81M Sep 20, 2021 Class A Common Stock 6.51M $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 August 15, 2022, and then in substantially equal quarterly installments beginning on November 15, 2022, through and including August 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 August 15, 2022, and then in substantially equal quarterly installments beginning on November 15, 2022, through and including August 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.

Remarks:

Chief Executive Officer and President