Gary Kent Wunderlich Jr. - 22 May 2025 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Role
Director
Signature
/s/ Paul D. Delva, attorney-in-fact
Issuer symbol
NVTS
Transactions as of
22 May 2025
Net transactions value
-$153,738
Form type
4
Filing time
27 May 2025, 16:12:54 UTC
Previous filing
11 Dec 2024
Next filing
29 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wunderlich Gary Kent JR Director 40 S. MAIN STREET, #2550, MEMPHIS /s/ Paul D. Delva, attorney-in-fact 27 May 2025 0001709974

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVTS Class A Common Stock Sale $153,738 -32,366 -100% $4.75 0 22 May 2025 Live Oak Merchant Partners, LLC F1
holding NVTS Class A Common Stock 1,263,000 22 May 2025 Live Oak Sponsor Partners II, LLC F2
holding NVTS Class A Common Stock 156,809 22 May 2025 Individual retirement account
holding NVTS Class A Common Stock 2,610 22 May 2025 Trust A F3
holding NVTS Class A Common Stock 2,610 22 May 2025 Trust B F3
holding NVTS Class A Common Stock 2,610 22 May 2025 Trust C F3
holding NVTS Class A Common Stock 2,610 22 May 2025 Trust D F3
holding NVTS Class A Common Stock 395,224 22 May 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is a managing member of Live Oak Merchant Partners, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2 The reporting person is a managing member of Live Oak Sponsor Partners II, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 In separate trusts for the benefit of the reporting person's immediate family members.
F4 Consists of (i) 363,764 shares of common stock held directly and (ii) 31,460 shares underlying unvested restricted stock units ("RSUs") subject to vesting on the date of the issuer's 2025 annual stockholders' meeting. RSU vesting is subject to the reporting person's continued service on the issuer's board of directors on the vesting date. RSUs are granted under the issuer's non-employee director compensation program and 2021 Equity Incentive Plan (the "Plan"), and represent the reporting person's right to receive one share of Class A Common Stock following the vesting date in accordance with the Plan and subject to applicable issuer policies.