| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Singh Ranbir | Director, 10%+ Owner | C/O NAVITAS SEMICONDUCTOR CORPORATION, 3520 CHALLENGER STREET, TORRANCE | /s/ Paul D. Delva, attorney-in-fact | 09 May 2025 | 0001943408 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NVTS | Class A Common Stock | Award | $0 | +24,158 | +14% | $0.000000 | 197,911 | 17 Mar 2025 | Direct | F1 |
| transaction | NVTS | Class A Common Stock | Sale | $11,215 | -4,400 | -2.2% | $2.55 | 193,511 | 18 Mar 2025 | Direct | F2, F3 |
| holding | NVTS | Class A Common Stock | 24,883,161 | 17 Mar 2025 | SiCPower, LLC | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Reflects grant of fully vested restricted stock units under the issuer's annual bonus program applicable to employees of the company during 2024. The reporting person was previously an executive officer of the issuer and was employed by an affiliate of the issuer for a portion of 2024 corresponding to this award. |
| F2 | Reflects sales made pursuant to the issuer's policy requiring "sales to cover" of the minimum number of shares as are necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award, including restricted stock units, and intending to satisfy the requirements of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The reporting person does not exercise control over the timing of such sales or the number of shares sold. |
| F3 | The reported securities were sold in multiple trades at prices ranging from $2.5000 to $2.5500, 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. |
| F4 | The reporting person is the sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of the reported securities held by SiCPower, LLC. The reporting person disclaims beneficial ownership of the reported securities for purposes of Rule 16a-1(a)(2) under Section 16 of the Securities Exchange Act of 1934, as amended. |
This Form 4 is being filed after the applicable filing deadline due to an administrative error not the fault of the reporting person.