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Intuitive Machines, Inc. — Director's Dealing 2024
Jun 12, 2024
32083_dirs_2024-06-12_3e27aff4-106e-45a1-8004-01e356ca463e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Intuitive Machines, Inc. (LUNR)
CIK: 0001844452
Period of Report: 2024-06-10
Reporting Person: Ghaffarian Kamal Seyed (Director, 10% Owner)
Reporting Person: Ghaffarian Enterprises, LLC (10% Owner)
Reporting Person: GM Enterprises, LLC (10% Owner)
Reporting Person: Intuitive Machines KG Parent, LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-10 | Class A Common Stock | M | 4800000 | — | Acquired | 8351606 | Indirect |
| 2024-06-10 | Class C Common Stock | D | 4800000 | — | Disposed | 39025852 | Indirect |
| 2024-06-10 | Class A Common Stock | S | 4800000 | $4.00 | Disposed | 3551606 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-10 | Common Units | $ | M | 4800000 | Disposed | Class A Common Stock (4800000) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 123114 | 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: Following the transactions reported herein, represents (i) 2,026,015 Common Units and shares of Class C Common Stock held of record by GM Enterprises, LLC, (ii) 1,393,824 Common Units and shares of Class C Common Stock held of record by Intuitive Machines KG Parent, LLC and (iii) (x) 35,606,013 Common Units and shares of Class C Common Stock and (y) 3,551,606 shares of Class A Common Stock held of record by Ghaffarian Enterprises LLC.
F3: Kamal Ghaffarian is the sole trustee of a revocable trust, which is the sole member of each of Ghaffarian Enterprises, LLC, GM Enterprises, LLC and Intuitive Machines KG Parent, LLC. As a result, Dr. Ghaffarian may be deemed to share beneficial ownership of the securities reported herein, but disclaims beneficial ownership except to the extent of his pecuniary interest therein.