Form 4 for NVTS Navitas Semiconductor Corp
Accepted 2023-06-12 00:00:00 ET · period of report 2023-06-08 · accession 0001821769-23-000112 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-06-12 | 2023-06-08 | NVTS | Wunderlich Gary Kent JR | Dir | A - Grant | $0.00 | +15.0K | 194.5K | +8% | $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 | 2023-06-08 | A | A | 15,021 | $0.00 | 194,523 | D | — | — | (F1) Reflects shares underlying restricted stock units ("RSUs") granted under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan and subject to applicable issuer policies. The RSUs will vest in full immediately before the issuer's 2024 annual stockholders' meeting , subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2023 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date). (F2) Includes 21,705 RSUs subject to vesting on November 10, 2023. |