4//SEC Filing
Kinzer Daniel M. 4
Accession 0001821769-22-000040
CIK 0001821769other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 9:35 PM ET
Size
8.5 KB
Accession
0001821769-22-000040
Insider Transaction Report
Form 4
Kinzer Daniel M.
DirectorChief Oprtng and Tech Officer
Transactions
- Sale
Class A Common Stock
2022-11-18$4.38/sh−103,538$453,496→ 990,862 total - Sale
Class A Common Stock
2022-11-21$4.09/sh−105,245$430,452→ 885,617 total
Holdings
- 3,770,107
Class A Common Stock
Footnotes (4)
- [F1]In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.
- [F2]The reported securities were sold in multiple trades at prices ranging from $4.37 to $4.47, 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 reported securities were sold in multiple trades at prices ranging from $4.06 to $4.39, 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.
- [F4]Consists of (i) 156,017 shares of common stock and (ii) 729,600 shares of common stock underlying restricted stock units (RSUs), which will vest in one-half increments on each of August 25, 2023 and August 25, 2024 or earlier upon certain events, subject to the reporting person's continued employment. Vesting results in the delivery of one share of common stock per vested RSU following the vesting date.
Documents
Issuer
Navitas Semiconductor Corp
CIK 0001821769
Entity typeother
Related Parties
1- filerCIK 0001520256
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 9:35 PM ET
- Size
- 8.5 KB