Ghaffarian Kamal Seyed's Form 4 filing
Intuitive Machines, Inc. (LUNR) · filed Jun 12, 2024
- Accession no.
- 0001213900-24-052112
- Filed
- Jun 12, 2024, 4:30 PM ET
- Trade date
- Jun 10, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $19.2M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ghaffarian Kamal SeyedCIK 0001963529 | Director, 10% Owner |
| Ghaffarian Enterprises, LLCCIK 0001965259 | 10% Owner |
| Intuitive Machines KG Parent, LLCCIK 0001965283 | 10% Owner |
| GM Enterprises, LLCCIK 0001965320 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 10, 2024 | Class A Common Stock | MOption exerciseAcquired | +4,800,000 | –F1 | – | 8,351,606 | Indirect | |
| Jun 10, 2024 | Class C Common Stock | DReturned to the companyDisposed | −4,800,000 | –F1 | – | 39,025,852 | Indirect | |
| Jun 10, 2024 | Class A Common Stock | SSaleDisposed | −4,800,000 | $4.00 | −$19,200,000 | 3,551,606 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 10, 2024 | Class A Common Stock | MOption exerciseDisposed | −4,800,000 | –F1 | – | 39,025,852 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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.
Referenced by the price of 2 transactions in Table I and 1 transaction in Table II.