Martinez Axel 4
4 · Astra Space, Inc. · Filed Jul 22, 2024
Insider Transaction Report
Form 4
Martinez Axel
Chief Financial Officer
Transactions
- Other
Class A Common Stock
2024-07-18$0.50/sh−23,280$11,640→ 62,500 total - Other
Class A Common Stock
2024-07-18−62,500→ 0 total
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]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.