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Filing Details

Accession Number:: 0001821769-23-000194
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-12-15 19:15:58
Reporting Period:: 2023-12-12

Accepted Time:: 2023-12-15 19:15:58
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	2023-12-12	43,530	$7.51	6,336,188	No	4	S	Indirect	Capricorn-Libra Investment Group, LP
Class A Common Stock	Disposition	2023-12-13	43,530	$7.59	6,292,658	No	4	S	Indirect	Capricorn-Libra Investment Group, LP
Class A Common Stock	Disposition	2023-12-14	43,530	$8.21	6,249,128	No	4	S	Indirect	Capricorn-Libra Investment Group, LP
Class A Common Stock	Disposition	2023-12-15	43,529	$8.21	6,205,599	No	4	S	Indirect	Capricorn-Libra Investment Group, LP

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	S	Indirect	Capricorn-Libra Investment Group, LP

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.
Class A Common Stock	47,189	Direct

Footnotes

The reported securities were sold in multiple trades at prices ranging from $7.4400 to $7.5900 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 $7.3700 to $7.8400 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 $7.9900 to $8.3000 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 $8.0300 to $8.4300 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 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.
Includes 15,021 shares underlying unvested restricted stock units ("RSUs") subject to vesting on the date of the issuer's 2024 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.