Filing Details
- Accession Number:
- 0001821769-23-000153
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-09-01 16:54:24
- Reporting Period:
- 2023-09-01
- Accepted Time:
- 2023-09-01 16:54:24
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1821769 | Navitas Semiconductor Corp | NVTS | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1218306 | J Richard Hendrix | 40 S. Main Street, #2550 Memphis TN 38103 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2023-09-01 | 20,000 | $8.85 | 163,282 | No | 4 | S | Indirect | By RJH Management Co., LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By RJH Management Co., LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 4,631,000 | Indirect | By Live Oak Sponsor Partners II, LLC |
Class A Common Stock | 63,279 | Direct | |
Class A Common Stock | 28,395 | Indirect | By Individual retirement accounts |
Footnotes
- The reporting person is a managing member of Live Oak Sponsor Partners II, LLC. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- Includes 21,705 shares underlying unvested restricted stock units ("RSUs") subject to vesting on November 10, 2023 and 15,021 shares underlying unvested RSUs subject to vesting on the date of the issuer's 2024 annual stockholders' meeting, in each case subject to the reporting person's continued service on the issuer's board of directors on the vesting date. RSUs are granted under the issuer's non-employee director compensation program and 2021 Equity Incentive Plan (the "Plan"), and represent the reporting person's right to receive one share of Class A Common Stock following the vesting date in accordance with the Plan and subject to applicable issuer policies.