Intuitive Machines, Inc. — Director's Dealing 2021

Sep 22, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Inflection Point Acquisition Corp. (IPAX)
CIK: 0001844452
Period of Report: 2021-09-21

Reporting Person: Inflection Point Holdings LLC (10% Owner, See Remarks)
Reporting Person: KINGSTOWN CAPITAL MANAGEMENT L.P. (10% Owner, See Remarks)
Reporting Person: KINGSTOWN MANAGEMENT GP LLC (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)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Ordinary Shares	$		Class A Ordinary Shares (8625000)		Direct

Footnotes

F1: The shares of Class B ordinary shares are convertible for shares of the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No.333-253963) (the "Registration Statement") and have no expiration date. The shares of Class B ordinary shares beneficially owned by the Reporting Persons include up to 1,125,000 shares of Class B ordinary shares subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in connection with the Issuer's initial public offering of units, as described in the Registration Statement.

F2: Inflection Point Holdings LLC is the record holder of the securities reported herein. Kingstown Capital Management, L.P. is the manager of Inflection Point Holdings LLC and shares voting and investment discretion with respect to the ordinary shares held of record by Inflection Point Holdings LLC. Kingstown Management GP LLC is the general partner of Kingstown Capital Management, L.P. and shares voting and investment discretion with respect to the ordinary shares held of record by Inflection Point Holdings LLC. Michael Blitzer and Guy Shanon are the Managing Members of Kingstown Management GP LLC and share voting and investment discretion with respect to the ordinary shares held of record by Inflection Point Holdings LLC. Each of Kingstown Management GP LLC, Kingstown Capital Management, LP, Michael Blitzer and Guy Shanon disclaims any beneficial ownership of the securities held by Inflection Point Holdings LLC other than to the extent of any pecuniary interest it or he, as applicable, may have therein, directly or indirectly.