Company: SATLW
Filing Date: 2025-04-15
Form Type: 424B5
Source: 0001437749-25-012003
Chunk: 23

Company: Satellogic Inc.
Filing Date: 2025-04-15
Form: 424B5
Chunk 23
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 above, in each case other than:

(a) transfers of Beneficially Owned Shares, Class A Common Stock or securities convertible into or exercisable or exchangeable for Class A Common Stock (i) as a bona fide gift or gifts, (ii) to any trust for the direct or indirect benefit of the lock-up signatory or the immediate family of the lock-up signatory, (iii) to any affiliate of the lock-up signatory, (iv) by will or intestacy to the lock-up signatory’s legal representative, heir or legatee or (v) by operation of law, such as (without limitation) pursuant to a qualified domestic order, divorce settlement, divorce decree or separation agreement, or request or order from a court or an applicable regulatory body;

(b) pursuant to any contract, instruction or plan complying with Rule 10b5-1 under the Exchange Act that has been entered into by the lock-up signatory prior to the date of the lock-up agreement;

(c) the acquisition or exercise of any stock option issued pursuant to our existing stock option plan, including any exercise effected by the delivery of shares of Class A Common Stock held by the lock-up signatory;

(d) any conversion of restricted stock units into shares of Class A Common Stock as provided in the applicable restricted stock unit issuance agreement;

(e) any transfer of shares of Class A Common Stock to us in connection with the lock-up signatory’s tax withholding obligation upon issuance of such shares pursuant to the applicable restricted stock unit issuance agreement;

(f) any sale or transfer of shares of Class A Common Stock (including in open market transactions through a broker) to satisfy the lock-up signatory’s tax withholding obligations in connection with the vesting of equity awards pursuant to our equity compensation plans or arrangements, which are described in the registration statement of which this prospectus supplement forms a part, and which equity awards vest during the Lock-Up Period;

(g) pursuant to a sale or an offer to purchase Class A Common Stock, whether pursuant to a merger, tender offer or otherwise, to a third party or group of third parties resulting in a change of control and approved by our board of directors, provided that, in the event that such a change of control is not completed, the lock-up signatory’s shares shall remain subject to the restrictions contained in the lock-up agreement and title to the lock-up signatory’s shares shall remain with the lock-up signatory; or

(h) the establishment of a trading plan pursuant to Rule 10b5-1 under