Sec Form 3 Filing - Tirman Matthew @ Satellogic Inc. - 2025-03-26

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Tirman Matthew
2. Issuer Name and Ticker or Trading Symbol
Satellogic Inc. [ SATL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President
(Last) (First) (Middle)
SATELLOGIC INC., 210 DELBURG STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/26/2025
(Street)
DAVIDSON, NC28036
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 124,101 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $ 0 ( 1 ) ( 1 ) Class A Common Stock 12,657 D
Restricted Stock Unit $ 0 ( 2 ) ( 2 ) Class A Common Stock 279,631 D
Stock Options (Right to buy) $ 1.2656 ( 3 ) 01/31/2031 Class A Common Stock 3,518 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Tirman Matthew
SATELLOGIC INC.
210 DELBURG STREET
DAVIDSON, NC28036
President
Signatures
/s/ Rick Dunn, Attorney-in-fact for Matthew Tirman 04/04/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On August 9, 2023, Mr. Tirman was granted 101,236 RSUs. These RSUs vest in equal quarterly installments from September 20, 2023 through June 20, 2027, generally subject to continued employment through each vesting date. From September 20, 2023 to March 20, 2025, 88,579 shares vested of which 29,213 shares were withheld in order to satisfy Mr. Tirman's obligations for payment of withholding and other taxes due in connection therewith.
( 2 )On June 7, 2024, Mr. Tirman was granted 372,841 RSUs. These RSUs vest in equal quarterly installments from June 20, 2024 through March 20, 2028, generally subject to continued employment through each vesting date. From June 20, 2024 to March 20, 2025, 93,210 shares vested of which 28,475 shares were withheld in order to satisfy Mr. Tirman's obligations for payment of withholding and other taxes due in connection therewith.
( 3 )Of the original grant of 168,862 options, 42,214 vested on February 1, 2022 and approximately 3,518 options vested monthly in equal installments through February 1, 2025. There are 3,518 unexcercised stock options remaining from the original grant, all of which are exercisable.

Remarks:
Exhibit 24 - Power of Attorney.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.