Intuitive Machines director sells shares, gets RSUs
Intuitive Machines director William John Liquori Jr. reported both an equity award and a share sale.
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Rhea-AI Filing Summary
Intuitive Machines director William John Liquori Jr. reported both an equity award and a share sale. He received 5,948 restricted stock units, each convertible into one share of Class A Common Stock, which vest in full on the earlier of the first anniversary of the grant or the next annual meeting. He elected to defer receipt of these RSUs until his retirement from the board. Liquori also sold 18,321 shares of Class A Common Stock in an open-market transaction at a weighted average price of $29.87 per share, with individual trades between $29.85 and $29.91. After these transactions, he directly holds 68,875 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 18,321 | $29.87 | $547K |
| Grant/Award | Class A Common Stock | 5,948 | $0.00 | $0.00 |
Footnotes (2)
- 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 full on the earlier to occur of the first anniversary of the grant date and the date of the next annual meeting following the grant date. The RSUs do not expire. The reporting person elected to defer receipt of these RSUs until his retirement from the Company's Board of Directors.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.85 to $29.91, 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
weighted average price financial
Class A Common Stock financial
FAQ
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What insider transactions did Intuitive Machines (LUNR) director William Liquori report?
What are the terms of the 5,948 RSUs granted to the Intuitive Machines (LUNR) director?
Did the Intuitive Machines (LUNR) director pay for the 5,948 RSUs received?
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