4//SEC Filing
Moxam David 4
Accession 0001821769-23-000018
CIK 0001821769other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 4:59 PM ET
Size
7.7 KB
Accession
0001821769-23-000018
Insider Transaction Report
Form 4
Moxam David
Director
Transactions
- Sale
Class A Common Stock
2023-02-27$6.17/sh−81,566$503,262→ 832,662 total - Award
Class A Common Stock
2023-02-27+21,705→ 854,367 total
Footnotes (3)
- [F1]The reported securities were sold in multiple trades at prices ranging from $6.13 to $6.28, 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.
- [F2]Reflects shares underlying restricted stock units ("RSUs") granted under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.
- [F3]Balance includes (i) 103,765 shares previously reported as beneficially owned directly by the reporting person, (ii) 800,000 shares previously reported as held by MalibuIQ, LLC and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein and (iii) 10,463 shares previously reported as underlying restricted stock units which vested in full on 10/19/2022, net of (iv) the shares disposed of and acquired as reported herein.
Documents
Issuer
Navitas Semiconductor Corp
CIK 0001821769
Entity typeother
Related Parties
1- filerCIK 0001888290
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 4:59 PM ET
- Size
- 7.7 KB