Daniel M. Kinzer - May 10, 2022 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Signature
/s/ Paul D. Delva, attorney-in-fact
Stock symbol
NVTS
Transactions as of
May 10, 2022
Transactions value $
$85,514
Form type
4
Date filed
5/12/2022, 06:01 PM
Previous filing
Oct 21, 2021
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVTS Class A Common Stock Options Exercise $85.5K +450K +13.56% $0.19* 3.77M May 10, 2022 Direct
holding NVTS Class A Common Stock 1.09M May 10, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVTS Option to purchase (right to buy) Options Exercise $0 -450K -100% $0.00* 0 May 10, 2022 Class A Common Stock 450K $0.19 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Class A Common Stock underlying restricted stock units (RSUs) subject to vesting in one-third increments on each of 10/19/2022, 8/25/2023 and 8/25/2024 or earlier upon certain events.