Gall Ulrich 4
4 · Astra Space, Inc. · Filed Jul 19, 2024
Insider Transaction Report
Form 4
Gall Ulrich
Other
Transactions
- Other
Class A Common Stock
2024-07-18$0.50/sh−2,667$1,334→ 0 total - Other
Convertible Notes
2024-07-18$200000.00/sh→ 0 totalExercise: $0.81From: 2024-03-07Exp: 2025-11-13→ Class A Common Stock (247,525 underlying)
Footnotes (3)
- [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]In connection with the consummation of the Merger and pursuant to the Merger Agreement, such shares of Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock") were automatically canceled and converted into the right to receive $0.50 per share in cash, without interest.
- [F3]On March 8, 2024, the Reporting Person purchased convertible notes, aggregate principal amount $200,000, from the issuer (the "Convertible Notes") at an initial conversion price of $0.808 per share and accrued interest payable in kind. Upon consummation of the Merger and pursuant to a noteholder conversion agreement entered into, and in connection with, the Merger, such Convertible Notes (including accrued interest thereon) were converted into newly issued shares of Series A preferred stock, par value $0.0001 per share, of Parent at a price per share of $0.404 per share.