Filing Details

Accession Number:
0001213900-24-100588
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-20 17:00:04
Reporting Period:
2024-11-18
Accepted Time:
2024-11-20 17:00:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1844452 Intuitive Machines Inc. LUNR Search, Detection, Navagation, Guidance, Aeronautical Sys (3812) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1963529 Seyed Kamal Ghaffarian 5937 Sunnyslope Drive
Naples, FL 34119
Yes No Yes No
1965259 Ghaffarian Enterprises, Llc 801 Thompson Avenue
Rockville, MD 20852
No No Yes No
1965283 Intuitive Machines Kg Parent, Llc 801 Thompson Avenue
Rockville, MD 20852
No No Yes No
1965320 Gm Enterprises, Llc 801 Thompson Avenue
Rockville, MD 20852
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-11-18 1,637,883 $0.00 5,132,651 No 4 M Indirect See footnotes
Class C Common Stock Disposition 2024-11-18 1,637,883 $0.00 34,868,149 No 4 D Indirect See footnotes
Class A Common Stock Disposition 2024-11-18 1,637,883 $11.90 3,494,768 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect See footnotes
No 4 D Indirect See footnotes
No 4 S Indirect See footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Common Units Disposition 2024-11-18 1,637,883 $0.00 1,637,883 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
39,492,678 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 123,114 Direct
Footnotes
  1. 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.
  2. 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) 31,448,310 Common Units and shares of Class C Common Stock and (y) 3,494,768 shares of Class A Common Stock held of record by Ghaffarian Enterprises, LLC.
  3. Kamal Ghaffarian is the sole managing member of GM Enterprises, LLC and Intuitive Machines KG Parent, LLC, and is the sole trustee of a revocable trust that is the sole member of Ghaffarian Enterprises, 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.
  4. The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Ghaffarian Enterprises, LLC on March 22, 2024.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.39 to $12.39, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  6. Includes (i) 215,105 earn out units held of record by GM Enterprises, LLC, (ii) 147,985 earn out units held of record by Intuitive Machines KG Parent, LLC and (iii) 4,261,439 earn out units held of record by Ghaffarian Enterprises, LLC, each of which is subject to forfeiture.