Erik Robinson Worley Sallee - Feb 13, 2023 Form 4 Insider Report for Intuitive Machines, Inc. (LUNR)

Role: Chief Financial Officer
Signature: /s/ Steven Vontur, Attorney-in-Fact
Stock symbol: LUNR
Transactions as of: Feb 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/11/2023, 07:01 PM
Next filing: Feb 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUNR	Class A Common Stock	Award	$0	+550K		$0.00	550K	May 9, 2023	Direct	F1

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	Stock Option	Award		+167K			167K	Feb 13, 2023	Common Units	167K	$1.80	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in four equal annual installments beginning on April 11, 2024. The RSUs do not expire.
F2	Represents securities received as part of the Issuer's business combination, in connection with that certain Business Combination Agreement, dated September 16, 2022, 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.
F3	The stock option vests in three substantially equal annual installments beginning on June 14, 2022.