Daniel M. Kinzer - 10 May 2022 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Signature
/s/ Paul D. Delva, attorney-in-fact
Issuer symbol
NVTS
Transactions as of
10 May 2022
Transactions value $
$85,514
Form type
4
Filing time
12 May 2022, 18:01:15 UTC
Previous filing
21 Oct 2021
Next filing
22 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVTS Class A Common Stock Options Exercise $85.5K +450K +13.56% $0.19* 3.77M 10 May 2022 Direct
holding NVTS Class A Common Stock 1.09M 10 May 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVTS Option to purchase (right to buy) Options Exercise $0 -450K -100% $0.00* 0 10 May 2022 Class A Common Stock 450K $0.19 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Class A Common Stock underlying restricted stock units (RSUs) subject to vesting in one-third increments on each of 10/19/2022, 8/25/2023 and 8/25/2024 or earlier upon certain events.