Newhouse Broadcasting Corp's Form 4 filing
Astra Space, Inc.ASTR · filed Aug 16, 2022
- Accession no.
- 0000947871-22-000902
- Filed
- Aug 16, 2022, 7:55 PM ET
- Trade date
- Aug 12-16, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions. Open-market sales total $6.39M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Newhouse Broadcasting CorpCIK 0000914545 | Other: former 10% owner |
| Advance Publications, IncCIK 0000914546 | Other: former 10% owner |
| Advance Long-Term Management TrustCIK 0001455381 | Other: former 10% owner |
| Newhouse Family Holdings, L.P.CIK 0001455383 | Other: former 10% owner |
| A/NPC Holdings LLCCIK 0001863026 | Other: former 10% owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 12, 2022 | Class A Common Stock | SSaleDisposed | −2,000,000 | $1.59F1 | −$3,180,000 | 23,155,093 | Direct | |
| Aug 15, 2022 | Class A Common Stock | SSaleDisposed | −867,040 | $1.46F2 | −$1,265,878.4 | 22,288,053 | Direct | |
| Aug 16, 2022 | Class A Common Stock | SSaleDisposed | −1,400,000 | $1.39F3 | −$1,946,000 | 20,888,053 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported is a weighted average price. Shares were sold in multiple transactions at prices ranging from $1.55 to $1.76, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer or SEC staff, upon request, full information regarding the number of shares sold at each price within this range.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported is a weighted average price. Shares were sold in multiple transactions at prices ranging from $1.41 to $1.64, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer or SEC staff, upon request, full information regarding the number of shares sold at each price within this range.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported is a weighted average price. Shares were sold in multiple transactions at prices ranging from $1.36 to $1.44, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer or SEC staff, upon request, full information regarding the number of shares sold at each price within this range.
Referenced by the price of 1 transaction in Table I.
Remarks
61.24% of the interests of A/NPC are held by held by Newhouse Cable Holdings LLC, a New York limited liability company ("Newhouse Cable"). The remaining 38.76% of the interests of A/NPC are held by Advance Communications Company LLC, a New York limited liability company ("Advance Communications Co.") which is also the managing member of A/NPC. Newhouse Cable is a wholly-owned subsidiary of Newhouse Broadcasting Corporation, a New York corporation. Advance Communications Co. is an indirect wholly-owned subsidiary of Advance Publications, Inc., a New York corporation ("API"). All of the common shares of API are owned by Newhouse Family Holdings, L.P., a Delaware limited partnership ("NFH"). As a result of its ownership of all of the outstanding common shares of API, NFH has the power to elect the board of directors of API. Advance Long-Term Management Trust, a New Jersey trust, is the sole general partner of NFH. Each of the Reporting Persons disclaims beneficial ownership of the shares reported on this Form 4 except to the extent of its pecuniary interest therein.