MalibuIQ, LLC 4
4 · Navitas Semiconductor Corp · Filed Oct 21, 2021
Insider Transaction Report
Form 4
MalibuIQ, LLC
10% Owner
Transactions
- Award
Common Stock
2021-10-19+12,839,519→ 12,839,519 total
Footnotes (2)
- [F1]Received in exchange for 11,732,017 shares of Navitas Semiconductor Limited, Inc. ("Navitas Semiconductor") in connection with the merger of Navitas Semiconductor into Navitas Semiconductor Corporation (the "Company") pursuant to the exchange ratio set forth in the Business Combination Agreement and Plan of Reorganization between Navitas Semiconductor and the Company. The closing price of the Company's Common Stock on the effective date of the merger was $13.38.
- [F2]Shares are held by MalibuIQ, LLC ("MalibuIQ"), the sole manager is David Moxam. David Moxam is a member of the Company's board of directors, and is filing a separate Form 4. David Moxam disclaims beneficial ownership of MalibuIQ shares except to the extent of its pecuniary interest therein.