Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NVTS | Class A Common Stock | Sale | -$397K | -87.1K | -1.4% | $4.56 | 6.12M | Jun 6, 2024 | Capricorn-Libra Investment Group, LP | F1, F2 |
transaction | NVTS | Class A Common Stock | Sale | -$391K | -87.1K | -1.42% | $4.49 | 6.03M | Jun 7, 2024 | Capricorn-Libra Investment Group, LP | F2, F3 |
transaction | NVTS | Class A Common Stock | Sale | -$387K | -87.1K | -1.44% | $4.45 | 5.94M | Jun 10, 2024 | Capricorn-Libra Investment Group, LP | F2, F4 |
transaction | NVTS | Class A Common Stock | Award | $0 | +31.5K | +66.67% | $0.00 | 78.6K | Jun 7, 2024 | Direct | F5 |
holding | NVTS | Class A Common Stock | 3.24M | Jun 6, 2024 | Technology Impact Fund, L.P. | F6 |
Id | Content |
---|---|
F1 | The reported securities were sold in multiple trades at prices ranging from $4.4100 to $4.6400 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. |
F2 | Shares are held by Capricorn-Libra Investment Group, LP, of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein. |
F3 | The reported securities were sold in multiple trades at prices ranging from $4.3700 to $4.6400 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. |
F4 | The reported securities were sold in multiple trades at prices ranging from $4.2700 to $4.5500 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. |
F5 | 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). |
F6 | Shares are held by Technology Impact Fund, L.P., of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein. |