Ron Shelton - 15 Dec 2023 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Role: Sr VP, CFO and Treasurer
Signature: /s/ Paul D. Delva, attorney-in-fact
Issuer symbol: NVTS
Transactions as of: 15 Dec 2023
Net transactions value: -$81,101
Form type: 4
Filing time: 15 Dec 2023, 20:55:12 UTC
Previous filing: 07 Dec 2023
Next filing: 29 Aug 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	Sale	$81,101	-10,000	-3.2%	$8.11	306,668	15 Dec 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Consists of (i) 25,418 shares held directly and (ii) 281,250 shares underlying unvested time-based restricted stock units ("RSUs"), which will vest in one-third increments on each of April 20, 2024, April 20, 2025 and April 20, 2026, subject to the reporting person's continued employment on the respective vesting dates. RSU vesting results in the delivery of one share of common stock per vested RSU following the vesting date, before sales of settled shares to cover withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.

Content

Consists of (i) 25,418 shares held directly and (ii) 281,250 shares underlying unvested time-based restricted stock units ("RSUs"), which will vest in one-third increments on each of April 20, 2024, April 20, 2025 and April 20, 2026, subject to the reporting person's continued employment on the respective vesting dates. RSU vesting results in the delivery of one share of common stock per vested RSU following the vesting date, before sales of settled shares to cover withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.