Kamal Ghaffarian - May 31, 2024 Form 4 Insider Report for Intuitive Machines, Inc. (LUNR)

Role
Director, 10%+ Owner
Signature
Kamal Ghaffarian, By: /s/ Anna Jones, Attorney-in-Fact
Stock symbol
LUNR
Transactions as of
May 31, 2024
Transactions value $
-$13,697,574
Form type
4
Date filed
6/4/2024, 06:15 PM
Previous filing
Jan 31, 2024
Next filing
Jun 10, 2024

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 Series A Warrant Sale -$7.51M -4.15M -100% $1.81 0 May 31, 2024 See footnote 4.15M $2.57 See footnotes F1, F2, F3
transaction LUNR Series B Warrant Sale -$6.18M -4.15M -100% $1.49 0 May 31, 2024 See footnote 4.15M $2.57 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrants are presently exercisable at the holder's election, for shares of Class A Common Stock.
F2 The securities reported herein as indirectly owned are held 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.