Chris Kemp - Sep 13, 2023 Form 4 Insider Report for Astra Space, Inc. (ASTR)

Role: Chief Executive Officer
Signature: /s/ Chris Kemp
Stock symbol: ASTR
Transactions as of: Sep 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/3/2023, 06:06 PM
Previous filing: Jun 12, 2023
Next filing: Nov 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ASTR	Class A Common Stock						72.5K	Sep 13, 2023	Direct	F1
holding	ASTR	Class A Common Stock						2.2K	Sep 13, 2023	Held by Spouse	F1, F2

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
holding	ASTR	Class B Common Stock						1.81M	Sep 13, 2023	Class A Common Stock	1.81M		Direct	F1, F3
holding	ASTR	Employee stock option (right to buy)						443	Sep 13, 2023	Class A Common Stock	443	$6.90	Direct	F4, F5
holding	ASTR	Employee stock option (right to buy)						86.8K	Sep 13, 2023	Class A Common Stock	86.8K	$135.60	Direct	F4, F6
holding	ASTR	Class A Common Stock						28.9K	Sep 13, 2023	Class A Common Stock	28.9K	$78.15	Direct	F4, F7

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

Explanation of Responses:

Id	Content
F1	The number of shares beneficially owned reflects the 1-for-15 reverse stock split effected September 13, 2023.
F2	The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F3	Each share of Class B Common Stock is convertible into one (1) fully paid and nonassessable share of Class A Common Stock at the option of the holder thereof at any time upon written notice to the Company. Each applicable share of Class B Common Stock shall automatically convert into one (1) fully paid and nonassessable share of Class A Common Stock upon the occurrence of certain events pursuant to the Company's Second Amended and Restated Certificate of Incorporation, as amended from time to time.
F4	The per share exercise price and number of shares subject to the option reflect the 1-for-15 reverse stock split effected September 13, 2023.
F5	Fully vested and exercisable, each for one (1) share of Class A Common Stock.
F6	Received pursuant to the Astra Space, Inc. Omnibus Plan on September 20, 2021. The Stock Options vested 25% on August 15, 2022, and then in substantially equal quarterly installments beginning on November 15, 2022. The Stock Options will be fully vested on August 15, 2025.
F7	Received pursuant to the Astra Space, Inc. Omnibus Plan on January 20, 2022. The Stock Options vested 25% on August 15, 2022, and then in substantially equal quarterly installments beginning on November 15, 2022. The Stock Options will be fully vested on August 15, 2025.