Manuel Alba - Mar 22, 2024 Form 4 Insider Report for Astera Labs, Inc. (ALAB)

Role: Director
Signature: /s/ Philip Mazzara, Attorney-in-Fact
Stock symbol: ALAB
Transactions as of: Mar 22, 2024
Transactions value $: $180,000
Form type: 4
Date filed: 3/22/2024, 04:46 PM
Previous filing: Mar 19, 2024
Next filing: Sep 24, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALAB	Common Stock	Conversion of derivative security		+499K	+2529.02%		519K	Mar 22, 2024	By Casa Alameda 2007, LLC	F1, F2
transaction	ALAB	Common Stock	Conversion of derivative security		+2.31M			2.31M	Mar 22, 2024	By Alba Trust	F1, F3
transaction	ALAB	Common Stock	Purchase	$180K	+5K		$36.00^*	5K	Mar 22, 2024	By spouse	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ALAB	Series A Preferred	Conversion of derivative security	$0	-424K	-100%	$0.00^*	0	Mar 22, 2024	Common Stock	424K		By Casa Alameda 2007, LLC	F1, F2
transaction	ALAB	Series A Preferred	Conversion of derivative security	$0	-1.96M	-100%	$0.00^*	0	Mar 22, 2024	Common Stock	1.96M		By Alba Trust	F1, F3
transaction	ALAB	Series B Preferred	Conversion of derivative security	$0	-75.6K	-100%	$0.00^*	0	Mar 22, 2024	Common Stock	75.6K		By Casa Alameda 2007, LLC	F1, F2
transaction	ALAB	Series B Preferred	Conversion of derivative security	$0	-350K	-100%	$0.00^*	0	Mar 22, 2024	Common Stock	350K		By Alba Trust	F1, F3
transaction	ALAB	Series C Preferred	Conversion of derivative security	$0	-3.72K	-100%	$0.00^*	0	Mar 22, 2024	Common Stock	3.72K		By Alba Trust	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock (collectively, the "Preferred Stock") automatically converted into one share of Common Stock on a one-for-one basis, immediately prior to the closing of the Issuer's initial public offering. The shares of Preferred Stock have no expiration date.
F2	These shares are owned directly by Casa Alameda 2007, LLC, of which the Reporting Person is manager. The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3	These shares are owned directly by Manuel Alba-Marquez in trust for Alba 2003 Living Trust (the "Alba Trust"), of which the Reporting Person and his spouse are co-trustees. The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4	These shares were acquired by the Reporting Person's spouse pursuant to a directed share program in connection with the Issuer's initial public offering.