0001821769-22-000040.txt : 20221122 0001821769-22-000040.hdr.sgml : 20221122 20221122213559 ACCESSION NUMBER: 0001821769-22-000040 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221118 FILED AS OF DATE: 20221122 DATE AS OF CHANGE: 20221122 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kinzer Daniel M. CENTRAL INDEX KEY: 0001520256 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39755 FILM NUMBER: 221412142 MAIL ADDRESS: STREET 1: C/O CORP SEC, FAIRCHILD SEMICONDUCTOR STREET 2: 82 RUNNING HILL RD. CITY: S. PORTLAND STATE: ME ZIP: 04106 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Navitas Semiconductor Corp CENTRAL INDEX KEY: 0001821769 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 852560226 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3520 CHALLENGER ST. CITY: TORRANCE STATE: CA ZIP: 90503 BUSINESS PHONE: 844-654-2642 MAIL ADDRESS: STREET 1: 3520 CHALLENGER ST. CITY: TORRANCE STATE: CA ZIP: 90503 FORMER COMPANY: FORMER CONFORMED NAME: Live Oak Acquisition Corp II DATE OF NAME CHANGE: 20200819 4 1 wf-form4_166917094237434.xml FORM 4 X0306 4 2022-11-18 0 0001821769 Navitas Semiconductor Corp NVTS 0001520256 Kinzer Daniel M. C/O NAVITAS SEMICONDUCTOR USA, INC. 2101 E. EL SEGUNDO BLVD., SUITE 205 EL SEGUNDO CA 90245 1 1 0 0 COO and CTO Class A Common Stock 2022-11-18 4 S 0 103538 4.38 D 990862 D Class A Common Stock 2022-11-21 4 S 0 105245 4.09 D 885617 D Class A Common Stock 3770107 D 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. 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. 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. 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. /s/ Paul D. Delva, attorney-in-fact 2022-11-22