Dipender Saluja - Oct 19, 2021 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Role: Director
Signature: /s/ Paul Delva, Attorney-in-Fact
Stock symbol: NVTS
Transactions as of: Oct 19, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/22/2021, 09:03 PM
Previous filing: Dec 17, 2021
Next filing: Dec 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVTS	Common Stock	Award	$0	+10.5K		$0.00	10.5K	Oct 19, 2021	Direct	F1
transaction	NVTS	Common Stock	Award		+6.38M			6.38M	Oct 19, 2021	Capricorn-Libra Investment Group, LP	F2, F3
transaction	NVTS	Common Stock	Award		+3.24M			3.24M	Oct 19, 2021	Technology Impact Fund, L.P.	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Received in exchange for 5,829,421 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.
F3	Shares are held by Capricorn-Libra Investment Group, LP ("Capricorn-Libra"), Dipender Saluja is Managing Director of Capricorn-Libra. Dipender Saluja may be deemed a beneficial owner of such shares, Dipender Saluja disclaims beneficial ownership of all shares held by Capricorn-Libra, except to the extent of his actual pecuniary interest in such shares.
F4	Received in exchange for 2,957,933 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.
F5	Shares are held by Technology Impact Fund, L.P. ("Technology Impact Fund"), Dipender Saluja is Managing Director of Technology Impact Fund. Dipender Saluja may be deemed a beneficial owner of such shares, Dipender Saluja disclaims beneficial ownership of all shares held by Technology Impact Fund, except to the extent of his actual pecuniary interest in such shares.