ASTROTECH Corp — Director's Dealing 2018

Dec 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASTROTECH Corp (ASTC)
CIK: 0001001907
Period of Report: 2018-12-07

Reporting Person: Pickens Thomas Boone III (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-07	Common Stock	C	866950	$2.35	Acquired	1563351	Direct
2018-12-17	Common Stock	A	35000	$3.40	Acquired	1598351	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-07	Series B Preferred Stock	$2.35	C	866950	Disposed		Common Stock (866950)	Direct

Footnotes

F1: The Reporting Person purchased Series B Preferred Stock from the Company on October 9, 2018 and subsequently converted the Series B Preferred Stock to Common Stock on December 7, 2018.

F2: One-third of the total number of shares of common stock granted shall vest and become exercisable on each of the first three anniversaries of December 17, 2018, such that 100% of the shares of common stock granted shall be fully vested and exercisable on December 17, 2021, subject to Reporting Person's continuous employment with the Issuer through each such applicable anniversary.

F3: The Series B Preferred Stock had no expiration date and automatically converted into an aggregate of 866,950 shares of common stock upon receipt of shareholder approval in accordance with NASDAQ Listing Rule 5635(b).