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

Role
Director, 10%+ Owner
Signature
Kamal Ghaffarian, By: /s/ Anna Jones, Attorney-in-Fact
Issuer symbol
LUNR
Transactions as of
31 May 2024
Net transactions value
-$13,697,574
Form type
4
Filing time
04 Jun 2024, 18:15:04 UTC
Previous filing
31 Jan 2024
Next filing
10 Jun 2024
SEC
View on sec.gov

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 $7,512,912 -4,150,780 -100% $1.81 0 31 May 2024 See footnote 4,150,780 $2.57 See footnotes F1, F2, F3
transaction LUNR Series B Warrant Sale $6,184,662 -4,150,780 -100% $1.49 0 31 May 2024 See footnote 4,150,780 $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.