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Filing Details

Accession Number:: 0001821769-24-000083
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-06-10 17:09:44
Reporting Period:: 2024-06-06

Accepted Time:: 2024-06-10 17:09:44
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1821769	Navitas Semiconductor Corp	NVTS	Semiconductors & Related Devices (3674)	852560226

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1834268	Dipender Saluja	C/O Navitas Semiconductor Corporation 3520 Challenger Street Torrance CA 90503-1640		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2024-06-06	87,060	$4.56	6,118,539	No	4	S	Indirect	Capricorn-Libra Investment Group, LP
Class A Common Stock	Disposition	2024-06-07	87,060	$4.49	6,031,479	No	4	S	Indirect	Capricorn-Libra Investment Group, LP
Class A Common Stock	Disposition	2024-06-10	87,059	$4.45	5,944,420	No	4	S	Indirect	Capricorn-Libra Investment Group, LP
Class A Common Stock	Acquisiton	2024-06-07	31,460	$0.00	78,649	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Capricorn-Libra Investment Group, LP
No	4	S	Indirect	Capricorn-Libra Investment Group, LP
No	4	S	Indirect	Capricorn-Libra Investment Group, LP
No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	3,237,161	Indirect	Technology Impact Fund, L.P.

Footnotes

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.
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.
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.
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.
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).
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.