Filing Details

Accession Number:
0001821769-23-000141
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-25 20:04:29
Reporting Period:
2023-08-24
Accepted Time:
2023-08-25 20:04:29
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 2023-08-24 25,000 $8.50 169,523 No 4 S Direct
Class A Common Stock Disposition 2023-08-25 24,935 $8.34 0 No 4 S Indirect Live Oak Merchant Partners LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect Live Oak Merchant Partners LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 4,631,000 Indirect Live Oak Sponsor Partners II, 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
Class A Common Stock 69,984 Indirect Individual retirement account
Footnotes
  1. Includes 21,705 RSUs subject to vesting on November 10, 2023.
  2. The reported securities were sold in multiple trades at prices ranging from $8.340 to $8.375, 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.
  3. The reporting person is a managing member of Live Oak Merchant Partners LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  4. The reporting person is a managing member of Live Oak Sponsor Partners II, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  5. In separate trusts for the benefit of the reporting person's immediate family members.