Michael Truett Tate - Aug 29, 2024 Form 4 Insider Report for Astera Labs, Inc. (ALAB)

Signature
/s/ Philip Mazzara, Attorney-in-Fact
Stock symbol
ALAB
Transactions as of
Aug 29, 2024
Transactions value $
-$2,399,204
Form type
4
Date filed
9/3/2024, 05:22 PM
Previous filing
Aug 20, 2024
Next filing
Oct 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALAB Common Stock Sale -$31K -700 -0.08% $44.26 878K Aug 29, 2024 By Tate Trust F1, F2, F3
transaction ALAB Common Stock Sale -$32.2K -700 -0.08% $46.03 878K Aug 29, 2024 By Tate Trust F1, F3, F4
transaction ALAB Common Stock Sale -$244K -5.2K -0.59% $46.95 873K Aug 29, 2024 By Tate Trust F1, F3, F5
transaction ALAB Common Stock Sale -$1.57M -32.6K -3.74% $48.00 840K Aug 29, 2024 By Tate Trust F1, F3, F6
transaction ALAB Common Stock Sale -$486K -9.97K -1.19% $48.74 830K Aug 29, 2024 By Tate Trust F1, F3, F7
transaction ALAB Common Stock Sale -$39.7K -801 -0.1% $49.61 829K Aug 29, 2024 By Tate Trust F1, F3, F8
holding ALAB Common Stock 1.33M Aug 29, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on May 30, 2024.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $43.94 to $44.74. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 These shares are owned directly by Michael T Tate and Jeanne Larue Tate as Trustees of the Tate 1997 Living Trust Dated April 24, 1997 (the "Tate Trust"), of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.28 to $46.25. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.36 to $47.34. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.36 to $48.35. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $48.37 to $49.29. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $49.43 to $49.87. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.