Richard J. Hendrix - May 28, 2025 Form 4 Insider Report for Navitas Semiconductor Corp (NVTS)

Role
Director
Signature
/s/ Paul D. Delva, attorney-in-fact
Stock symbol
NVTS
Transactions as of
May 28, 2025
Transactions value $
-$159,763
Form type
4
Date filed
6/10/2025, 09:51 PM
Previous filing
Jun 5, 2025
Next filing
Jun 5, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HENDRIX RICHARD J Director 40 S. MAIN STREET, #2550, MEMPHIS /s/ Paul D. Delva, attorney-in-fact 2025-06-11 0001218306

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVTS Class A Common Stock Sale -$151K -23.7K -25.02% $6.39* 71K May 28, 2025 Direct
transaction NVTS Class A Common Stock Sale -$8.32K -1.3K -1.83% $6.40* 69.7K May 28, 2025 Direct F1
holding NVTS Class A Common Stock 1.26M May 28, 2025 By Live Oak Sponsor Partners II, LLC F2
holding NVTS Class A Common Stock 177K May 28, 2025 By RJH Management Co., LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (i) 38,279 shares of common stock held directly and (ii) 31,460 shares underlying unvested restricted stock units ("RSUs") subject to vesting on the date of the issuer's 2025 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.
F2 The reporting person is a managing member of Live Oak Sponsor. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.

Remarks:

This Form 4 was filed after the reporting deadline due to an administrative error of the issuer not the fault of the reporting person.