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Intuitive Machines, Inc. — Director's Dealing 2021
Sep 29, 2021
32083_dirs_2021-09-28_4c462c7c-44b4-43db-a1e2-46bba1b411d0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Inflection Point Acquisition Corp. (IPAX)
CIK: 0001844452
Period of Report: 2021-09-24
Reporting Person: KINGSTOWN CAPITAL MANAGEMENT L.P. (Director, 10% Owner, See Remarks)
Reporting Person: KINGSTOWN MANAGEMENT GP LLC (Director, 10% Owner, See Remarks)
Reporting Person: BLITZER MICHAEL (Director, Co-Chief Executive Officer, 10% Owner)
Reporting Person: SHANON GUY (Director, Co-Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-24 | Class A Ordinary Shares | A | 2900000 | $10 | Acquired | 2900000 | Indirect |
Footnotes
F1: The reported Class A ordinary shares represent 2,900,000 Class A ordinary shares underlying 2,900,000 of the Issuer's units, each unit consists of one Class A ordinary share and one-half of one redeemable warrant to purchase one Class A ordinary share for $11.50, as described under the heading "Description of Securities " in the Issuer's registration statement on Form S-1 (File No. 333-253963), purchased by Kingstown 1740 Fund L.P. ("Kingstown 1740") on September 24, 2021 for $10.00 per unit in the Issuer's initial public offering.
F2: Kingstown 1740 is the record holder of the securities reported herein. Kingstown Capital Management L.P. ("KCM") is the investment manager of Kingstown 1740 and shares voting and investment discretion with respect to the ordinary shares held of record by Kingstown 1740. Kingstown Management GP LLC ("KMGP") is the general partner of KCM and shares voting and investment discretion with respect to the ordinary shares held of record by Kingstown 1740. Michael Blitzer and Guy Shanon are the Managing Members of KMGP and share voting and investment discretion with respect to the ordinary shares held of record by Kingstown 1740. Each of KCM, KMGP Michael Blitzer and Guy Shanon disclaims any beneficial ownership of the securities held by Kingstown 1740 other than to the extent of any pecuniary interest it or he, as applicable, may have therein, directly or indirectly.