Timothy Price Crain II - Feb 13, 2023 Form 4 Insider Report for Intuitive Machines, Inc. (LUNR)

Role
Chief Technoloy Officer, 10%+ Owner
Signature
/s/ Steven Vontur, Attorney-in-Fact
Stock symbol
LUNR
Transactions as of
Feb 13, 2023
Transactions value $
$0
Form type
4
Date filed
5/2/2023, 07:02 PM
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUNR Class C Common Stock Award +10.1M 10.1M Feb 13, 2023 Direct F1, F2
transaction LUNR Class C Common Stock Other +372K +3.67% 10.5M Apr 28, 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LUNR Common Units Award +11.6M 11.6M Feb 13, 2023 Class A Common Stock 11.6M Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities received as part of the Issuer's business combination, in connection with that certain Business Combination Agreement, dated September 16, 2022 (the "Business Combination Agreement"), by and between the Issuer (formerly, Inflection Point Acquisition Corp.) and Intuitive Machines, LLC, pursuant to which the Issuer acquired registered equity securities, became the managing member of Intuitive Machines, LLC, and issued voting equity securities without economic rights to the existing members of Intuitive Machines, LLC. These securities were previously reported on a Form 3 filed by the Reporting Person.
F2 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.
F3 Represents shares of Class C Common Stock acquired at par value in connection with vesting of earn out units.
F4 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.
F5 Includes 1,114,959 earn out units subject to forfeiture provisions described in the Business Combination Agreement.