Jack R. Lazar - 19 Mar 2024 Form 3 Insider Report for Astera Labs, Inc. (ALAB)

Role
Director
Signature
/s/ Philip Mazzara, Attorney-in-Fact
Issuer symbol
ALAB
Transactions as of
19 Mar 2024
Net transactions value
$0
Form type
3
Filing time
19 Mar 2024, 20:42:36 UTC
Previous filing
28 Feb 2024
Next filing
22 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ALAB Common Stock 155,000 19 Mar 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an award of 100,000 restricted stock units ("RSUs") granted on December 7, 2022 under the Astera Labs, Inc. Amended and Restated 2018 Equity Incentive Plan ("2018 Plan"), of which 75,000 RSUs are currently unvested. Such award vests upon satisfaction of both (i) a time-based condition, which provides that the RSUs shall vest in 20 equal quarterly installments after November 15, 2022, and (ii) a performance-based condition, which is satisfied upon the occurrence of a change in control of the Issuer or the consummation of an initial public offering of the Issuer's equity securities, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date.
F2 Includes an award of 55,000 RSUs granted on December 7, 2022 under the 2018 Plan, all of which RSUs are currently unvested. Such award vests upon satisfaction of both (i) a time-based condition, which provides that the RSUs shall vest in 16 equal quarterly installments beginning February 15, 2024, and (ii) a performance-based condition, which is satisfied upon the occurrence of a change in control of the Issuer or the consummation of an initial public offering of the Issuer's equity securities, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date.
F3 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.

Remarks:

Exhibit 24 - Power of Attorney