4//SEC Filing
KINGSTOWN CAPITAL PARTNERS, LLC 4
Accession 0001213900-23-058006
CIK 0001844452other
Filed
Jul 17, 8:00 PM ET
Accepted
Jul 18, 9:30 PM ET
Size
20.5 KB
Accession
0001213900-23-058006
Insider Transaction Report
Form 4
Kingstown 1740 Fund L.P.
DirectorOther
Transactions
- Other
Warrants to purchase Class A Common Stock
2023-07-14+1,768,750→ 3,218,750 totalExercise: $11.50From: 2023-03-15Exp: 2028-02-13→ Class A Common Stock, par value $0.0001 per share (1,768,750 underlying)
KINGSTOWN CAPITAL PARTNERS, LLC
DirectorOther
Transactions
- Other
Warrants to purchase Class A Common Stock
2023-07-14+1,768,750→ 3,218,750 totalExercise: $11.50From: 2023-03-15Exp: 2028-02-13→ Class A Common Stock, par value $0.0001 per share (1,768,750 underlying)
Footnotes (3)
- [F1]On July 14, 2023, 2023, Inflection Point Holdings LLC (the "Sponsor") distributed an aggregate of 6,845,000 private placement warrants consisting of (i) 2,538,125 private placement warrants distributed to Michael Blitzer, (ii) 2,538,125 private placement warrants distributed to Guy Shanon and (iii) 1,768,750 private placement warrants distributed to Kingstown 1740 Fund L.P. ("Kingstown 1740"), in each case as a pro rata distribution for no consideration in accordance with the terms of the Sponsor's limited liability company agreement.
- [F2]Kingstown 1740 is the holder of the securities reported herein. Kingstown Capital Management, L.P. ("KCM") is the investment manager of Kingstown 1740 and shares voting and investment discretion with respect to the securities held by Kingstown 1740. Kingstown Management GP LLC ("KMGP") is the general partner of KCM and shares voting and investment discretion with respect to the securities held of record by Kingstown 1740. Kingstown Capital Partners LLC ("KCP") is the general partner of Kingstown 1740 and shares voting and investment discretion with respect to the securities held of record by Kingstown 1740. Michael Blitzer and Guy Shanon are the Managing Members of KMGP and KCP and share voting and investment discretion with respect to the securities held by Kingstown 1740.
- [F3]KCM, KMGP, the Sponsor, Mr. Blitzer and Mr. Shanon are filing separate Form 4s in connection with the transactions described herein. Each of KCM, KMGP, KCP, Mr. Blitzer and Mr. Shanon disclaims any beneficial ownership of the securities held by Kingstown 1740 other than to the extent of any pecuniary interest it or he, as applicable, may have therein, directly or indirectly.
Issuer
Intuitive Machines, Inc.
CIK 0001844452
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001418673
Filing Metadata
- Form type
- 4
- Filed
- Jul 17, 8:00 PM ET
- Accepted
- Jul 18, 9:30 PM ET
- Size
- 20.5 KB