Crain Timothy Price II's Form 4 filing
Intuitive Machines, Inc. (LUNR) · filed Jul 3, 2024
- Accession no.
- 0001213900-24-059191
- Filed
- Jul 3, 2024
- Trade date
- Jul 1-3, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 6 non-derivative transactions and 2 derivative transactions. Open-market sales total $192.0K. 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 |
|---|---|
| Crain Timothy Price IICIK 0001963498 | Officer (SVP and Chief Growth Officer), 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 |
|---|---|---|---|---|---|---|---|---|
| Jul 1, 2024 | Class A Common Stock | MOption exerciseAcquired | +50,000 | –F1 | – | 412,810 | Direct | |
| Jul 1, 2024 | Class C Common Stock | DReturned to the companyDisposed | −50,000 | –F1 | – | 10,451,457 | Direct | |
| Jul 1, 2024 | Class A Common Stock | SSaleDisposed | −50,000 | $3.36F3 | −$168,000 | 362,810 | Direct | |
| Jul 3, 2024 | Class A Common Stock | MOption exerciseAcquired | +6,011 | –F1 | – | 368,821 | Direct | |
| Jul 3, 2024 | Class C Common Stock | DReturned to the companyDisposed | −6,011 | –F1 | – | 10,445,446 | Direct | |
| Jul 3, 2024 | Class A Common Stock | SSaleDisposed | −6,011 | $4.00F4 | −$24,044 | 362,810 | Direct |
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.
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 4 transactions in Table I and 2 transactions in Table II.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.27 to $3.50, inclusive. The reporting person undertakes 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.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.00 to $4.0050, inclusive. The reporting person undertakes 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.
Referenced by the price of 1 transaction in Table I.