Jitendra Mohan - Oct 1, 2024 Form 4 Insider Report for Astera Labs, Inc. (ALAB)

Signature
/s/ Philip Mazzara, Attorney-in-Fact
Stock symbol
ALAB
Transactions as of
Oct 1, 2024
Transactions value $
-$4,213,079
Form type
4
Date filed
10/3/2024, 04:05 PM
Previous filing
Mar 22, 2024
Next filing
Oct 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALAB Common Stock Sale -$702K -13.6K -0.3% $51.49 4.58M Oct 1, 2024 By Living Trust F1, F2, F3
transaction ALAB Common Stock Sale -$702K -13.6K -1.36% $51.49 986K Oct 1, 2024 By Trust F1, F2, F4
transaction ALAB Common Stock Sale -$702K -13.6K -1.36% $51.49 986K Oct 1, 2024 By 2021 Trust 1 F1, F2, F5
transaction ALAB Common Stock Sale -$702K -13.6K -1.36% $51.49 986K Oct 1, 2024 By 2021 Trust 2 F1, F2, F6
transaction ALAB Common Stock Sale -$702K -13.6K -1.82% $51.49 736K Oct 1, 2024 By 2022 Trust 1 F1, F2, F7
transaction ALAB Common Stock Sale -$702K -13.6K -1.82% $51.49 736K Oct 1, 2024 By 2022 Trust 2 F1, F2, F8
holding ALAB Common Stock 2.7M Oct 1, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2024.
F2 The price reported in column 4 is a weighted average price of the aggregate number of shares sold. These shares were sold in multiple transactions with 47,064 shares sold at prices ranging from $50.60 to $51.59, 33,154 shares sold at prices ranging from $51.60 to $52.58 and 1,600 shares sold at prices ranging from $52.71 to $52.75, inclusive. 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 a living trust (the "Living 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 These shares are owned directly by an estate planning trust (the "Trust"). 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.
F5 These shares are owned directly by an estate planning trust (the "2021 Trust 1"), 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.
F6 These shares are owned directly an estate planning trust (the "2021 Trust 2"), 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.
F7 These shares are owned directly by an estate planning trust (the "2022 Trust 1"). 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.
F8 These shares are owned directly by an estate planning trust (the "2022 Trust 2"). 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.