Form 4 for NVTS Navitas Semiconductor Corp

Accepted 2024-11-26 00:00:00 ET · period of report 2024-11-22 · accession 0001821769-24-000130 · 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	2024-11-26	2024-11-22	NVTS	HENDRIX RICHARD J	Dir	S - Sale	$2.39	-15.0K	42.4K	-26%	-$35.9K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2024-11-22	S	D	15,000	$2.39	42,366	I By Live Oak Merchant Partners, LLC	—	—	(F1) The reported shares were previously held by Live Oak Sponsor Partners II, LLC ("Live Oak Sponsor") and previously reported as beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein. The reported shares were later distributed by Live Oak Sponsor to its members, including but not limited to Live Oak Merchant Partners, LLC ("Live Oak Merchant"), in a transaction which was not reportable under Section 16 of the Securities Exchange Act of 1934 ("Exchange Act"). (F2) The reported securities were sold in multiple trades at prices ranging from $2.380 to $2.395, 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. (F3) The reporting person is a managing member of Live Oak Merchant. The reporting person disclaims beneficial ownership of the reported shares for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein.