Steven Vontur - Feb 7, 2025 Form 4 Insider Report for Intuitive Machines, Inc. (LUNR)

Signature
/s/ Steven Vontur
Stock symbol
LUNR
Transactions as of
Feb 7, 2025
Transactions value $
-$152,100
Form type
4
Date filed
2/11/2025, 08:15 PM
Previous filing
Feb 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUNR Class A Common Stock Tax liability -$63.4K -3.44K -3.49% $18.40 95.2K Feb 7, 2025 Direct
transaction LUNR Class A Common Stock Award $0 +13.6K +14.27% $0.00 109K Feb 7, 2025 Direct F1
transaction LUNR Class A Common Stock Sale -$88.7K -4.53K -4.16% $19.60 104K Feb 11, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in four equal annual installments beginning on February 7, 2026. The RSUs do not expire.
F2 The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on September 12, 2024.

Remarks:

Chief Accounting Officer and Controller