Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVTS | Class A Common Stock | Award | $0 | +31.5K | +9.75% | $0.00 | 354K | Jun 7, 2024 | Direct | F1 |
holding | NVTS | Class A Common Stock | 2.95M | Jun 7, 2024 | Live Oak Sponsor Partners II, LLC | F2 | |||||
holding | NVTS | Class A Common Stock | 114K | Jun 7, 2024 | Individual retirement accounts | ||||||
holding | NVTS | Class A Common Stock | 2.61K | Jun 7, 2024 | Trust A | F3 | |||||
holding | NVTS | Class A Common Stock | 2.61K | Jun 7, 2024 | Trust B | F3 | |||||
holding | NVTS | Class A Common Stock | 2.61K | Jun 7, 2024 | Trust C | F3 | |||||
holding | NVTS | Class A Common Stock | 2.61K | Jun 7, 2024 | Trust D | F3 |
Id | Content |
---|---|
F1 | Reflects shares underlying restricted stock units ("RSUs") granted under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan and subject to applicable issuer policies. The RSUs will vest in full immediately before the issuer's 2025 annual stockholders' meeting, subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2024 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date). |
F2 | 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. |
F3 | In separate trusts for the benefit of the reporting person's immediate family members. |