SHELTON RON 4
4 · Navitas Semiconductor Corp · Filed Dec 15, 2023
Insider Transaction Report
Form 4
SHELTON RON
Sr VP, CFO and Treasurer
Transactions
- Sale
Class A Common Stock
2023-12-15$8.11/sh−10,000$81,101→ 306,668 total
Footnotes (1)
- [F1]Consists of (i) 25,418 shares held directly and (ii) 281,250 shares underlying unvested time-based restricted stock units ("RSUs"), which will vest in one-third increments on each of April 20, 2024, April 20, 2025 and April 20, 2026, subject to the reporting person's continued employment on the respective vesting dates. RSU vesting results in the delivery of one share of common stock per vested RSU following the vesting date, before sales of settled shares to cover withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.