Martin Attiq - Jul 18, 2024 Form 4 Insider Report for Astra Space, Inc. (ASTR)

Role
Chief Business Officer
Signature
/s/ Martin Attiq
Stock symbol
ASTR
Transactions as of
Jul 18, 2024
Transactions value $
-$15,404
Form type
4
Date filed
7/19/2024, 06:33 PM
Previous filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASTR Class A Common Stock Other -$15.4K -30.8K -84.65% $0.50 5.59K Jul 18, 2024 Direct F1, F2
transaction ASTR Class A Common Stock Other $0 -5.59K -100% $0.00* 0 Jul 18, 2024 Direct F1, F3

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 ASTR Employee stock option (right to buy) Other $0 -15.3K -100% $0.00* 0 Jul 18, 2024 Class A Common Stock 15.3K $135.60 Direct F1, F4, F5
transaction ASTR Employee stock option (right to buy) Other $0 -5.1K -100% $0.00* 0 Jul 18, 2024 Class A Common Stock 5.1K $78.15 Direct F1, F4, F5
transaction ASTR Employee stock option (right to buy) Other $0 -33.3K -100% $0.00* 0 Jul 18, 2024 Class A Common Stock 33.3K $7.30 Direct F1, F4, F6
transaction ASTR Employee stock option (right to buy) Other $0 -58K -100% $0.00* 0 Jul 18, 2024 Class A Common Stock 58K $6.90 Direct F1, F4, F7
transaction ASTR Employee stock option (right to buy) Other $0 -5.17K -100% $0.00* 0 Jul 18, 2024 Class A Common Stock 5.17K $6.90 Direct F1, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Martin Attiq is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On July 18, 2024, Apogee Parent, Inc. ("Parent") acquired the issuer pursuant to that certain Agreement and Plan of Merger entered into by and among the issuer, Parent and Apogee Merger Sub, a direct, wholly owned subsidiary of Parent ("Merger Sub"), dated as of March 7, 2024 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the issuer, with the issuer surviving such merger as a wholly owned subsidiary of Parent (the "Merger").
F2 Reflects shares of Class A Common Stock of the issuer that, pursuant to the Merger Agreement and in connection with the consummation of the Merger, were automatically canceled and converted into the right to receive $0.50 per share in cash, without interest.
F3 Pursuant to the Merger Agreement and in connection with the consummation of the Merger and the termination of the Company's 2021 Omnibus Incentive Plan the reporting persons unvested restricted stock unit awards were cancelled in exchange for no consideration.
F4 Pursuant to the Merger Agreement and in connection with the consummation of the Merger, stock options (all of which had a per share exercise price greater than the merger consideration of $0.50 per share in cash) were cancelled in exchange for no consideration.
F5 25% of such stock options vested on August 15, 2022. The remaining 75% of such stock options have been vesting and were scheduled to vest in substantially equal quarterly installments beginning on November 15, 2022 and ending on August 15, 2025.
F6 100% of such stock options vested on May 15, 2024.
F7 Such stock options vested 1/48 every month for four years. The stock options were fully vested on February 1, 2024.
F8 100% of such stock options vested on April 16, 2021.