Gary Kent Wunderlich Jr. - 24 Aug 2023 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
24 Aug 2023
Net transactions value
-$420,458
Form type
4
Filing time
25 Aug 2023, 20:04:29 UTC
Previous filing
12 Jun 2023
Next filing
16 Nov 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 Sale $212,500 -25,000 -13% $8.50 169,523 24 Aug 2023 Direct F1
transaction NVTS Class A Common Stock Sale $207,958 -24,935 -100% $8.34 0 25 Aug 2023 Live Oak Merchant Partners LLC F2, F3
holding NVTS Class A Common Stock 4,631,000 24 Aug 2023 Live Oak Sponsor Partners II, LLC F4
holding NVTS Class A Common Stock 2,610 24 Aug 2023 Trust A F5
holding NVTS Class A Common Stock 2,610 24 Aug 2023 Trust B F5
holding NVTS Class A Common Stock 2,610 24 Aug 2023 Trust C F5
holding NVTS Class A Common Stock 2,610 24 Aug 2023 Trust D F5
holding NVTS Class A Common Stock 69,984 24 Aug 2023 Individual retirement account
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 21,705 RSUs subject to vesting on November 10, 2023.
F2 The reported securities were sold in multiple trades at prices ranging from $8.340 to $8.375, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 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.
F4 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.
F5 In separate trusts for the benefit of the reporting person's immediate family members.