Filing Details
- Accession Number:
- 0001821769-24-000161
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-12-11 17:09:21
- Reporting Period:
- 2024-12-10
- Accepted Time:
- 2024-12-11 17:09:21
- 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 |
---|---|---|---|---|---|---|---|
1709974 | Jr Kent Gary Wunderlich | 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 | 2024-12-10 | 75,000 | $4.50 | 395,224 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 1,263,000 | Indirect | Live Oak Sponsor Partners II, LLC |
Class A Common Stock | 156,809 | Indirect | Individual retirement account |
Class A Common Stock | 32,366 | Indirect | Live Oak Merchant Partners, LLC |
Class A Common Stock | 2,610 | Indirect | Trust A |
Class A Common Stock | 2,610 | Indirect | Trust B |
Class A Common Stock | 2,610 | Indirect | Trust C |
Class A Common Stock | 2,610 | Indirect | Trust D |
Footnotes
- Consists of (i) 363,764 shares of common stock held directly and (ii) 31,460 shares underlying unvested restricted stock units ("RSUs") subject to vesting on the date of the issuer's 2025 annual stockholders' meeting. RSU vesting is 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.
- The reporting person is a managing member of the specified limited liability company. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- In separate trusts for the benefit of the reporting person's immediate family members.