Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVTS | Common Stock | Award | +104K | 104K | Oct 19, 2021 | Direct | F1 | |||
transaction | NVTS | Common Stock | Award | $0 | +10.5K | +10.08% | $0.00 | 114K | Oct 19, 2021 | Direct | F2 |
transaction | NVTS | Common Stock | Award | +12.8M | 12.8M | Oct 19, 2021 | MalibuIQ, LLC | F3, F4 |
Id | Content |
---|---|
F1 | Received in exchange for 94,815 shares of Navitas Semiconductor Limited, Inc. ("Navitas Semiconductor") in connection with the merger of Navitas Semiconductor into Navitas Semiconductor Corporation (the "Company") pursuant to the exchange ratio set forth in the Business Combination Agreement and Plan of Reorganization between Navitas Semiconductor and the Company. The closing price of the Company's Common Stock on the effective date of the merger was $13.38. |
F2 | Restricted stock units convert into common stock on a one-for-one basis. The reporting person received a restricted stock unit award which are unvested and fully vest on October 19, 2022. |
F3 | Received in exchange for 11,732,017 shares of Navitas Semiconductor in connection with the merger of Navitas Semiconductor into the Company pursuant to the exchange ratio set forth in the Business Combination Agreement and Plan of Reorganization between Navitas Semiconductor and the Company. The closing price of the Company's Common Stock on the effective date of the merger was $13.38. |
F4 | Shares are held by MalibuIQ, LLC ("MalibuIQ"), David Moxam is the sole manager of MalibuIQ. David Moxam may be deemed a beneficial owner of such shares, David Moxam disclaims beneficial ownership of MalibuIQ shares except to the extent of its pecuniary interest therein. |