Eugene Sheridan - 31 Dec 2022 Form 5 Insider Report for Navitas Semiconductor Corp (NVTS)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVTS	Class A Common Stock	Gift	$0	-1,000,000	-44%	$0.000000	1,266,044	23 Mar 2022	Eugene and Melissa Sheridan Trust	F1
transaction	NVTS	Class A Common Stock	Gift	$0	+1,000,000		$0.000000	1,000,000	23 Mar 2022	By spouse	F1
transaction	NVTS	Class A Common Stock	Gift	$0	-1,000,000	-100%	$0.000000^*	0	23 Mar 2023	By spouse	F2
transaction	NVTS	Class A Common Stock	Gift	$0	+1,000,000		$0.000000	1,000,000	23 Mar 2022	GaNFast Trust	F2
holding	NVTS	Class A Common Stock						210,000	31 Dec 2022	GSMS Trust	F3
holding	NVTS	Class A Common Stock						600,000	31 Dec 2022	Lolas Trust	F3
holding	NVTS	Class A Common Stock						2,214,083	31 Dec 2022	Direct	F4

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

Id	Content
F1	Gift to reporting person's spouse. The transferee remained subject to lock-up restrictions that affected the reported shares before transfer.
F2	Gift by reporting person's spouse to The GaNFast Trust for the benefit of the reporting person among other beneficiaries. The transferee remains subject to lock-up restrictions that affected the reported shares before transfer.
F3	The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F4	Consists of (i) 390,083 shares of common stock and (ii) 1,824,000 shares of common stock underlying unvested restricted stock units, which will vest in one-half increments on each of August 25, 2023 and August 25, 2024, subject to the reporting person's continued employment, or earlier upon certain events. Vesting results in the delivery of one share of common stock per vested unit following the vesting date.