Janet Chou - 06 Mar 2024 Form 3 Insider Report for Navitas Semiconductor Corp (NVTS)

Signature
/s/ Paul D. Delva, attorney-in-fact
Issuer symbol
NVTS
Transactions as of
06 Mar 2024
Transactions value $
$0
Form type
3
Filing time
07 Mar 2024, 20:46:22

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NVTS Class A Common Stock 408K 06 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares underlying unvested time-based restricted stock units ("RSUs"), which vest ratably over four years following grant, subject to the reporting person's continued employment with the issuer or an affiliate. RSU vesting results in the delivery to the reporting person 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.