SiCPower, LLC - 23 Mar 2023 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Role
10%+ Owner
Signature
/s/ Paul D. Delva, attorney-in-fact
Issuer symbol
NVTS
Transactions as of
23 Mar 2023
Net transactions value
$0
Form type
4
Filing time
24 Mar 2023, 17:06:40 UTC
Previous filing
16 Mar 2023
Next filing
30 May 2025
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 Other +6,237,558 +33% 24,883,161 23 Mar 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Further to transactions previously reported in a Form 4 filed on 3/16/2023 by Ranbir Singh, an executive officer of the issuer, the reported securities were contributed to the reporting person by an irrevocable trust for which Dr. Singh acted as grantor. The reporting person is an estate-planning vehicle of which the trust is the sole member and Dr. Singh is the sole manager.