Todd Glickman - 05 Mar 2025 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Signature
/s/ Paul D. Delva, attorney-in-fact
Issuer symbol
NVTS
Transactions as of
05 Mar 2025
Transactions value $
-$20,184
Form type
4
Filing time
21 Mar 2025, 21:44:22 UTC
Previous filing
28 Feb 2025
Next filing
09 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVTS Class A Common Stock Tax liability -$20.2K -8.27K -1.21% $2.44 676K 05 Mar 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares withheld upon settlement of RSUs in respect of withholding taxes.
F2 Consists of (i) 629,149 shares of common stock and (ii) 47,076 shares of common stock underlying unvested restricted stock units ("RSUs") scheduled to vest through January 20, 2028 subject to the reporting person's continued employment on the applicable vesting date, or earlier upon certain events. RSU vesting results in the delivery of one share of common stock per vested RSU following the vesting date, before sales of settled shares to cover withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.