Form 4 for NVTS Navitas Semiconductor Corp
Accepted 2023-08-25 00:00:00 ET · period of report 2023-08-24 · accession 0001821769-23-000141 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2023-08-25 | 2023-08-25 | NVTS | Wunderlich Gary Kent JR | Dir | S - Sale | $8.34 | -24.9K | 0 | -100% | -$208.0K |
| 2023-08-25 | 2023-08-24 | NVTS | Wunderlich Gary Kent JR | Dir | S - Sale | $8.50 | -25.0K | 169.5K | -13% | -$212.5K |
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 | 2023-08-25 | S | D | 24,935 | $8.34 | 0 | I | — | — | (F2) The reported securities were sold in multiple trades at prices ranging from $8.340 to $8.375, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| 2 | Common | Class A Common Stock | 2023-08-24 | S | D | 25,000 | $8.50 | 169,523 | D Live Oak Merchant Partners LLC | — | — | (F1) Includes 21,705 RSUs subject to vesting on November 10, 2023. (F3) The reporting person is a managing member of Live Oak Merchant Partners LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |