AI assistant
Intuitive Machines, Inc. — Director's Dealing 2024
Aug 22, 2024
32083_dirs_2024-08-22_bac16c59-05c6-47e7-9761-f14ec0e239ce.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Intuitive Machines, Inc. (LUNR)
CIK: 0001844452
Period of Report: 2024-08-20
Reporting Person: Altemus Stephen J (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-20 | Class A Common Stock | M | 1295992 | — | Acquired | 2206911 | Direct |
| 2024-08-20 | Class C Common Stock | D | 1295992 | — | Disposed | 15078661 | Direct |
| 2024-08-20 | Class A Common Stock | S | 1085900 | $4.9493 | Disposed | 1121011 | Direct |
| 2024-08-20 | Class A Common Stock | S | 210092 | $6.0054 | Disposed | 910919 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-20 | Common Units | $ | M | 1295992 | Disposed | Class A Common Stock (1295992) | Direct |
Footnotes
F1: The Common Units of Intuitive Machines, LLC may be redeemed for shares of the Issuer's Class A Common Stock on a one-to-one basis at the discretion of the holder. The Common Units do not expire. Upon the redemption of any Common Units, a number of shares of Class C Common Stock equal to the number of Common Units that are redeemed will automatically be cancelled for no consideration.
F2: The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 22, 2024.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.64 to $5.095, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.11, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.