0000950170-24-084927.txt : 20240719
0000950170-24-084927.hdr.sgml : 20240719
20240719160506
ACCESSION NUMBER: 0000950170-24-084927
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240717
FILED AS OF DATE: 20240719
DATE AS OF CHANGE: 20240719
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: 241127843
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
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ownership.xml
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X0508
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2024-07-17
true
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
Class A Common Stock
2024-07-17
4
C
false
1806376
A
1877310
D
Class A Common Stock
2024-07-18
4
J
false
1739233
D
138077
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Class A Common Stock
2024-07-18
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Class A Common Stock
2024-07-18
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false
120000
0.50
D
0
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Class A Common Stock
2024-07-18
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false
2200
0.50
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0
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Held by Spouse
Class B Common Stock
2024-07-17
4
C
false
1806376
0
D
Class A Common Stock
1806376
0
D
Employee stock option (right to buy)
6.9
2024-07-18
4
J
false
443
0
D
2030-02-26
Class A Common Stock
443
0
D
Employee stock option (right to buy)
135.6
2024-07-18
4
J
false
86774
0
D
2031-09-20
Class A Common Stock
86774
0
D
Employee stock option (right to buy)
78.15
2024-07-18
4
J
false
28924
0
D
2032-01-20
Class A Common Stock
28924
0
D
Convertible Notes
0.808
2024-07-18
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2210000
2210000
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2025-11-13
Class A Common Stock
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Held by Trust
Warrants
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2024-07-18
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2023-11-21
2028-11-21
Class A Common Stock
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I
Held by Trust
Each share of Class B Common Stock was convertible into one (1) fully paid and nonassessable share of Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock") at the option of the holder thereof at any time upon written notice to the issuer. Immediately preceding the Merger (as defined below), such shares of Class B Common Stock, par value $0.0001 per share (the "Class B Common Stock") were converted into an identical number of newly issued shares of Class A Common Stock.
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").
Pursuant to a rollover agreement entered into, and in connection with, the Merger, such shares of Class A Common Stock were converted into newly issued shares of Series A preferred stock, par value $0.0001 per share, of Parent (the "Parent Series A Preferred Stock").
In connection with the consummation of the Merger and pursuant to the Merger Agreement and the termination of the issuer's 2021 Omnibus Incentive Plan contemplated thereunder, the Reportion Person's unvested restricted stock unit awards were cancelled in exchange for no consideration.
In connection with the consummation of the Merger and pursuant to the Merger Agreement, such shares of Class A Common Stock were automatically canceled and converted into the right to receive $0.50 per share in cash, without interest.
The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Each share of Class B Common Stock was convertible into one (1) fully paid and nonassessable share of Class A Common Stock at the option of the holder thereof at any time upon written notice to the issuer.
In connection with the consummation of the Merger and pursuant to the Merger Agreement, the 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.
Fully vested and exercisable.
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.
On November 21, 2023, the Reporting Person purchased convertible notes, aggregate principal amount $2,000,000, from the issuer (the "Convertible Notes"). On February 26, 2024, the Reporting Person purchased additional Convertible Notes, aggregate principal amount $150,000, from the issuer. On June 28, 2024, the Reporting Person purchased additional Convertible Notes, aggregate principal amount $60,000, from the issuer. The Convertible Notes were convertible into shares of Class A Common Stock at the option of the holder 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 Parent Series A Preferred Stock at a price of $0.404 per share.
The securities held hereby were owned by Chris Kemp Living Trust, a trust organized under the laws of California, for which the Reporting Person is the sole trustee.
On November 21, 2023, the Reporting Person purchased 866,337 warrants from the Issuer at a price of $0.125 per warrant. Each warrant was immediately exercisable on a one-to-one basis for Class A Common Stock at a price of $0.808 per share. Pursuant to a warrant exchange agreement entered into, and in connection with, the Merger, such warrants were converted into warrants to purchase shares of Parent Series A Preferred Stock at a price of $0.404 per share.
Chief Executive Officer and Chairman
/s/ Chris Kemp
2024-07-19