Form 4/A for NVTS Navitas Semiconductor Corp
Accepted 2025-05-09 00:00:00 ET · period of report 2025-03-17 · accession 0001821769-25-000072 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 2025-05-09 | 2025-03-17 | NVTS | GLICKMAN TODD | SVP, CFO, Treas | F - Tax | $2.65 | -6,081 | 693.5K | -0.9% | -$16.1K |
| A | 2025-05-09 | 2025-03-17 | NVTS | GLICKMAN TODD | SVP, CFO, Treas | A - Grant | $0.00 | +15.1K | 699.6K | +2% | $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 | 2025-03-17 | F | D | 6,081 | $2.65 | 693,491 | D | — | — | (F4) Reflects shares withheld in respect of withholding taxes due upon settlement of the RSUs reported in the preceding row. In accordance with SEC rules, shares withheld are reported herein as "dispositions" of the shares concerned. (F5) In accordance with SEC rules, reflects the trading price used for purposes of determining the number of shares withheld from the number of settled shares on account of withholding taxes. (F6) Consists of (i) 626,279 shares of common stock and (ii) 67,212 shares of common stock underlying unvested RSUs scheduled to vest through January 20, 2028, subject to the reporting person's continued employment on the applicable vesting date, or earlier upon certain events. RSU vesting results in the delivery of one share of common stock per vested RSU following the vesting date, before the sale or withholding of settled shares to cover withholding taxes incurred by the reporting person upon settlement, as applicable, and subject to the issuer's equity incentive plan and applicable policies. (F3) The disposition of 8,272 shares reflected in the Initial Filing was incorrectly reported and has been reversed in the calculation of the totals shown in column 5 of Table I herein. Prior to the transactions reported herein, the reporting person beneficially owned 684,497 shares, as reported in the reporting person's Form 4 filed 2/28/2025. |
| 2 | Common | Class A Common Stock | 2025-03-17 | A | A | 15,075 | $0.00 | 699,572 | D | — | — | (F1) In the initial filing of this Form 4 on 3/21/2025 (the "Initial Filing"), the Date of Earliest Transaction was incorrectly reported as 3/05/2025 due to an administrative error. The reporting person did not have any reportable transactions on 3/05/2025. (F3) The disposition of 8,272 shares reflected in the Initial Filing was incorrectly reported and has been reversed in the calculation of the totals shown in column 5 of Table I herein. Prior to the transactions reported herein, the reporting person beneficially owned 684,497 shares, as reported in the reporting person's Form 4 filed 2/28/2025. |