Astera Labs to release 20% of employee lock-up shares on May 9 after Q1 earnings release

Astera Labs, Inc.

Early Release Condition satisfied: stock price >25% above IPO price for 5 of 10 trading days ending April 30.
Q1 2024 earnings release scheduled for May 7, 2024 after market close.
Lock-up ends for 20% of eligible employee shares (Early Release Shares) at open on May 9, 2024.
Remaining shares remain restricted until 180 days post-IPO or after Q2 earnings release, whichever earlier.
Early Release Shares eligible for immediate sale subject to SEC rules and insider trading policy.

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