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
  1. 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.
  2. 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.