4//SEC Filing
Wunderlich Gary Kent JR 4
Accession 0001821769-24-000153
CIK 0001821769other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 9:58 PM ET
Size
11.4 KB
Accession
0001821769-24-000153
Insider Transaction Report
Form 4
Wunderlich Gary Kent JR
Director
Transactions
- Sale
Class A Common Stock
2024-12-06$3.27/sh−10,000$32,705→ 32,366 total(indirect: By LLC)
Holdings
- 2,610(indirect: By Trust)
Class A Common Stock
- 1,263,000(indirect: By LLC)
Class A Common Stock
- 2,610(indirect: By Trust)
Class A Common Stock
- 156,809(indirect: Individual retirement account)
Class A Common Stock
- 2,610(indirect: By Trust)
Class A Common Stock
- 470,224
Class A Common Stock
- 2,610(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]The reported securities were sold in multiple trades at prices ranging from $3.7200 to $3.7210, 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]The reporting person is a managing member of the specified limited liability company. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]Consists of (i) 438,764 shares of common stock held directly and (ii) 31,460 shares underlying unvested restricted stock units ("RSUs") subject to vesting on the date of the issuer's 2025 annual stockholders' meeting. RSU vesting is subject to the reporting person's continued service on the issuer's board of directors on the vesting date. RSUs are granted under the issuer's non-employee director compensation program and 2021 Equity Incentive Plan (the "Plan"), and represent the reporting person's right to receive one share of Class A Common Stock following the vesting date in accordance with the Plan and subject to applicable issuer policies.
- [F4]In separate trusts for the benefit of the reporting person's immediate family members.
Documents
Issuer
Navitas Semiconductor Corp
CIK 0001821769
Entity typeother
Related Parties
1- filerCIK 0001709974
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 9:58 PM ET
- Size
- 11.4 KB