Ron Shelton - 13 Jul 2022 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Role
Sr VP, CFO and Treasurer
Signature
/s/ Paul D. Delva, attorney-in-fact
Issuer symbol
NVTS
Transactions as of
13 Jul 2022
Net transactions value
$0
Form type
4
Filing time
15 Jul 2022, 21:36:17 UTC
Previous filing
27 May 2022
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVTS Class A Common Stock Award $0 +375,000 $0.000000 375,000 13 Jul 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of unvested restricted stock units (RSUs) which will vest in 25% increments on each of the first four anniversaries of April 20, 2022, subject to the reporting person's continued employment by the issuer on the applicable vesting date, or earlier upon certain events. Upon vesting, RSUs convert into common stock on a one-for-one basis.