Daniel M. Kinzer - Aug 27, 2024 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Role: COO and CTO, Director
Signature: /s/ Paul D. Delva, attorney-in-fact
Stock symbol: NVTS
Transactions as of: Aug 27, 2024
Transactions value $: -$465,045
Form type: 4
Date filed: 8/29/2024, 08:38 PM
Previous filing: Mar 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVTS	Class A Common Stock	Sale	-$465K	-150K	-3.31%	$3.10	4.39M	Aug 27, 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The reported sales were made, pursuant to the issuer's policy, solely to satisfy tax withholding obligations of the reporting person arising exclusively from the vesting of 364,800 restricted stock units on 08/25/2024, and reflect sales of no more than the minimum number of shares necessary to satisfy such obligations.
F2	The reported securities were sold in multiple trades at prices ranging from $3.0800 to $3.1200, 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.

Content

The reported sales were made, pursuant to the issuer's policy, solely to satisfy tax withholding obligations of the reporting person arising exclusively from the vesting of 364,800 restricted stock units on 08/25/2024, and reflect sales of no more than the minimum number of shares necessary to satisfy such obligations.

The reported securities were sold in multiple trades at prices ranging from $3.0800 to $3.1200, 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.