0000950170-24-081025.txt : 20240702
0000950170-24-081025.hdr.sgml : 20240702
20240702211855
ACCESSION NUMBER: 0000950170-24-081025
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240628
FILED AS OF DATE: 20240702
DATE AS OF CHANGE: 20240702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KEMP CHRIS
CENTRAL INDEX KEY: 0001870125
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39426
FILM NUMBER: 241098067
MAIL ADDRESS:
STREET 1: 1900 SKYHAWK STREET
CITY: ALAMEDA
STATE: CA
ZIP: 94501
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Astra Space, Inc.
CENTRAL INDEX KEY: 0001814329
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 141916687
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1900 SKYHAWK STREET
CITY: ALAMEDA
STATE: CA
ZIP: 94501
BUSINESS PHONE: (866) 278-7217
MAIL ADDRESS:
STREET 1: 1900 SKYHAWK STREET
CITY: ALAMEDA
STATE: CA
ZIP: 94501
FORMER COMPANY:
FORMER CONFORMED NAME: Holicity Inc.
DATE OF NAME CHANGE: 20200608
4
1
ownership.xml
4
X0508
4
2024-06-28
0001814329
Astra Space, Inc.
ASTR
0001870125
KEMP CHRIS
C/O ASTRA SPACE, INC.
1900 SKYHAWK STREET
ALAMEDA
CA
94501
true
true
true
false
See Remarks
false
Senior Secured Convertible Notes due 2025
0.808
2024-06-28
4
P
false
60000
60000
A
2024-06-28
2025-11-13
Class A Common Stock
74257
2814012
I
By Trust
The Reporting Person may, at its option, prior to maturity, convert all or any portion of the outstanding amount of Senior Secured Convertible Notes due 2025 (the "Convertible Notes"), including accrued paid in kind interest thereon, subject to certain limitations, into shares of Class A Common Stock, at an initial conversion rate of 1,237.6238 shares of Class A Common Stock per $1,000 principal amount of Convertible Notes, which is equivalent to an initial conversion price of approximately $0.808 per share of Class A Common Stock. The conversion rate is subject to adjustment in accordance with the terms of the Convertible Notes and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.
The Convertible Notes are immediately convertible at the option of the Reporting Person subject to certain limitations, as described in Footnote (5).
The Convertible Notes mature on November 15, 2025 (the "Maturity Date"), provided that the Maturity Date may be extended upon the written agreement of the Issuer and the holders of the Convertible Notes.
Represents the maximum number of shares of Class A Common Stock issuable upon the voluntary conversion of the original stated amount of the Convertible Notes. The number of shares issuable upon conversion of the Convertible Notes is subject to increase in connection with the accrual of interest, which is payable in kind, and upon the occurrence of certain Fundamental Changes (as defined in the Convertible Notes). The Reporting Person's ability to convert the Convertible Notes to shares of Class A Common Stock is initially subject to certain limitations, in accordance with rules of the Nasdaq Capital Market, as well as other beneficial ownership limitations in accordance with the terms of the Convertible Notes.
The Reporting Person may receive 78,864 shares of Class A Common Stock upon the conversion of the Convertible Notes purchased by the Reporting Person on November 21, 2023 (such purchase having been reported on the Reporting Person's Form 4 filed on November 24, 2023) due to accrued interest, payable in kind, on such Convertible Notes as of February 26, 2024. Such amount is included in this figure. To the extent additional interest accrued on any Convertible Notes after February 26, 2024, such additional interest is not included in this figure.
The securities are beneficially owned by the Chris Kemp Living Trust, a trust organized under the laws of California, for which the Reporting Person is the sole trustee.
Chief Executive Officer and Chairman
/s/ Chris Kemp
2024-07-02