Thomas Boone Pickens III - 14 Apr 2022 Form 4 Insider Report for ASTROTECH Corp (ASTC)

Role: CEO, Director
Signature: /s/ Thomas Boone Pickens III
Issuer symbol: ASTC
Transactions as of: 14 Apr 2022
Net transactions value: +$640,000
Form type: 4
Filing time: 18 Apr 2022, 19:03:42 UTC
Next filing: 02 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTC	Common Stock	Award	$640,000	+1,000,000	+31%	$0.6400	4,207,820	14 Apr 2022	Direct	F1

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	ASTC	Stock Options	Award	$0	+776,000	+1293%	$0.000000	836,000	14 Apr 2022	Common Stock	776,000	$0.6400	Direct	F2

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

Explanation of Responses:

Id	Content
F1	One-fifth of the total number of shares of common stock granted shall vest and become exercisable on each of the first five anniversaries of April 14, 2022, such that 100% of the shares of common stock granted shall be fully vested and exercisable on April 14, 2027, subject to Reporting Person's continuous employment with the Issuer through each such applicable anniversary.
F2	Default vesting is one-third of the total number of Employee Stock Options granted on each of the first three anniversaries of April 14, 2022, such that 100% of the Employee Stock Options granted shall be fully vested and exercisable on April 14, 2025, subject to Employee's continuous employment with the Issuer through each such applicable anniversary.