Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVTS | Class A Common Stock | Gift | $0 | -210K | -100% | $0.00* | 0 | Aug 22, 2023 | GSMS Trust | F1, F2 |
transaction | NVTS | Class A Common Stock | Gift | $0 | -140K | -10.25% | $0.00 | 1.23M | Aug 22, 2023 | Eugene and Melissa Sheridan Trust | F3 |
transaction | NVTS | Class A Common Stock | Gift | $0 | +140K | $0.00 | 140K | Aug 22, 2023 | By spouse | F3 | |
holding | NVTS | Class A Common Stock | 1.91M | Aug 22, 2023 | Direct | F4 | |||||
holding | NVTS | Class A Common Stock | 862K | Aug 22, 2023 | GaNFast Trust | ||||||
holding | NVTS | Class A Common Stock | 800K | Aug 22, 2023 | Lolas Trust | F2 |
Id | Content |
---|---|
F1 | Reflects distribution of the reported securities to the beneficiaries of GSMS Trust. |
F2 | The reporting person disclaims beneficial ownership of the reported securities, and this report shall not be deemed an admission that the reporting person was or is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose. |
F3 | Reflects gift of the reported securities to the reporting person's spouse. |
F4 | Consists of (i) 90,083 shares of common stock held directly 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, before taxes. |