Form 4 for NVTS Navitas Semiconductor Corp
Accepted 2023-01-04 00:00:00 ET · period of report 2022-02-25 · accession 0001821769-23-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-01-04 | 2022-02-25+ | NVTS | HENDRIX RICHARD J | Dir | M - OptEx | $11.50 | +240.0K | 169.6K | New | +$2.76M |
| DMI | 2023-01-04 | 2022-02-25+ | NVTS | HENDRIX RICHARD J | Dir | F - Tax | — | -177.3K | 18.4K | -91% | — |
| DMI | 2023-01-04 | 2022-02-25+ | NVTS | HENDRIX RICHARD J | Dir | M - OptEx | $0.00 | -240.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-02-25 | M | A | 45,328 | $11.50 | 51,853 | I By Individual retirement accounts | — | — | (F2) Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020. |
| 2 | Common | Class A Common Stock | 2022-02-25 | M | A | 25,000 | $11.50 | 25,000 | I By Individual retirement accounts | — | — | (F2) Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020. |
| 3 | Common | Class A Common Stock | 2022-02-25 | F | D | 18,475 | — | 6,525 | I By Individual retirement accounts | — | — | (F2) Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020. |
| 4 | Common | Class A Common Stock | 2022-03-03 | F | D | 125,364 | — | 44,276 | I By RJH Management Co., LLC | — | — | (F2) Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020. |
| 5 | Common | Class A Common Stock | 2022-02-25 | F | D | 33,498 | — | 18,355 | I By Individual retirement accounts | — | — | (F2) Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020. |
| 6 | Common | Class A Common Stock | 2022-03-03 | M | A | 169,640 | $11.50 | 169,640 | I By RJH Management Co., LLC | — | — | (F2) Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020. |
| 7 | Derivative | Public Warrants (right to buy) | 2022-02-25 | M | D | 25,000 | $0.00 | 0 | I By Individual retirement accounts | $11.50 · 2021-12-07 to 2022-03-07 | 25,000 Class A Common Stock | |
| 8 | Derivative | Private Placement Warrants (right to buy) | 2022-03-03 | M | D | 169,640 | $0.00 | 0 | I By RJH Management Co., LLC | $11.50 · 2021-12-07 to 2022-03-07 | 169,640 Class A Common Stock | |
| 9 | Derivative | Private Placement Warrants (right to buy) | 2022-02-25 | M | D | 45,328 | $0.00 | 0 | I By Individual retirement accounts | $11.50 · 2021-12-07 to 2022-03-07 | 45,328 Class A Common Stock |