Axel Martinez - 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
22 Jul 2024, 12:53:59 UTC
Prior SEC filing
20 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Axel Martinez

Key filing fact

Axel Martinez filed Form 4 for Astra Space, Inc. on 22 Jul 2024.

Key facts

  • This page summarizes Axel Martinez's Form 4 filing for Astra Space, Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Jul 2024, 12:53.

Change

  • Previous filing in this sequence was filed on 20 May 2024.
  • Current net transaction value: -$11,640.

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
$11,640
Shares
-23,280
Change %
-27%
Price
$0.5000
Shares after
62,500
Date
18 Jul 2024
Ownership
Direct
Footnotes
F1, F2
ASTR transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-62,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
18 Jul 2024
Ownership
Direct
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 3 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.

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