Scott Stanford - 20 Jul 2023 Form 4 Insider Report for Astra Space, Inc.

Role
Director
Signature
/s/ Scott Stanford
Issuer symbol
N/A
Transactions as of
20 Jul 2023
Net transactions value
$0
Form type
4
Filing time
24 Jul 2023, 20:22:33 UTC
Previous filing
20 Mar 2023
Next filing
03 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTR Class A Common Stock Award $0 +595,238 +622% $0.000000 690,902 20 Jul 2023 Direct F1, F2
holding ASTR Class A Common Stock 28,465,124 20 Jul 2023 Held by Funds F3
* 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 in connection with service on the board of directors of Astra Space, Inc. (the "Company"). The RSUs fully vest in one installment on May 15, 2024.
F2 Each RSU is equivalent in value to one share of Class A common stock, par value $0.0001 per share, of the Company.
F3 These shares are held by Sherpa Ventures Fund II, LP ("ACME Fund II") and Eagle Creek Capital LLC. Mr. Stanford exercises voting and dispositive control over the securities held by ACME Fund II and Eagle Creek Capital LLC and thus may be deemed to beneficially own such securities. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.