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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jul 2024, 18:33:11 UTC
Prior SEC filing
20 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Martin Attiq

Key filing fact

Martin Attiq filed Form 4 for Astra Space, Inc. on 19 Jul 2024.

Key facts

  • This page summarizes Martin Attiq's Form 4 filing for Astra Space, Inc..
  • 7 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 19 Jul 2024, 18:33.

Change

  • Previous filing in this sequence was filed on 20 May 2024.
  • Current net transaction value: -$15,404.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASTR transaction

Class A Common Stock

Other

Transaction value
$15,404
Shares
-30,808
Change %
-85%
Price
$0.5000
Shares after
5,586
Date
18 Jul 2024
Ownership
Direct
Footnotes
F1, F2
ASTR transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-5,586
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2024
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASTR transaction Derivative

Employee stock option (right to buy)

Other

Transaction value
$0
Shares
-15,287
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,287
Exercise price
$135.60
Footnotes
F1, F4, F5
ASTR transaction Derivative

Employee stock option (right to buy)

Other

Transaction value
$0
Shares
-5,095
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,095
Exercise price
$78.15
Footnotes
F1, F4, F5
ASTR transaction Derivative

Employee stock option (right to buy)

Other

Transaction value
$0
Shares
-33,333
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
33,333
Exercise price
$7.30
Footnotes
F1, F4, F6
ASTR transaction Derivative

Employee stock option (right to buy)

Other

Transaction value
$0
Shares
-58,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
58,000
Exercise price
$6.90
Footnotes
F1, F4, F7
ASTR transaction Derivative

Employee stock option (right to buy)

Other

Transaction value
$0
Shares
-5,172
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,172
Exercise price
$6.90
Footnotes
F1, F4, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Martin Attiq is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 8 footnotes

Footnote 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").

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F6

100% of such stock options vested on May 15, 2024.

Footnote F7

Such stock options vested 1/48 every month for four years. The stock options were fully vested on February 1, 2024.

Footnote F8

100% of such stock options vested on April 16, 2021.

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