0001821769-23-000141.txt : 20230825 0001821769-23-000141.hdr.sgml : 20230825 20230825200429 ACCESSION NUMBER: 0001821769-23-000141 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230824 FILED AS OF DATE: 20230825 DATE AS OF CHANGE: 20230825 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wunderlich Gary Kent JR CENTRAL INDEX KEY: 0001709974 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39755 FILM NUMBER: 231209814 MAIL ADDRESS: STREET 1: CLO B. RILEY FINANCIAL, INC., STREET 2: 21255 BURBANK BLVD., SUITE 400 CITY: WOODLAND STATE: CA ZIP: 91367 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 wk-form4_1693008257.xml FORM 4 X0508 4 2023-08-24 0 0001821769 Navitas Semiconductor Corp NVTS 0001709974 Wunderlich Gary Kent JR 40 S. MAIN STREET, #2550 MEMPHIS TN 38103 1 0 0 0 0 Class A Common Stock 2023-08-24 4 S 0 25000 8.50 D 169523 D Class A Common Stock 2023-08-25 4 S 0 24935 8.34 D 0 I Live Oak Merchant Partners LLC Class A Common Stock 4631000 I Live Oak Sponsor Partners II, LLC Class A Common Stock 2610 I Trust A Class A Common Stock 2610 I Trust B Class A Common Stock 2610 I Trust C Class A Common Stock 2610 I Trust D Class A Common Stock 69984 I Individual retirement account Includes 21,705 RSUs subject to vesting on November 10, 2023. The reported securities were sold in multiple trades at prices ranging from $8.340 to $8.375, 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 reporting person is a managing member of Live Oak Merchant Partners LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The reporting person is a managing member of Live Oak Sponsor Partners II, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. In separate trusts for the benefit of the reporting person's immediate family members. /s/ Paul D. Delva, attorney-in-fact 2023-08-25 EX-24 2 exhibit24forgarykwunderlic.htm EX-24 Document
Exhibit 24
GARY K. WUNDERLICH, JR.
POWER OF ATTORNEY
FOR SECTION 16 REPORTING PURPOSES
    Know all by these presents, that the undersigned hereby constitutes and appoints each of Paul D. Delva, Ron Shelton and Doa Yang, or any of them signing singly, and with full power of substitution, as the undersigned’s true and lawful attorney-in-fact to:
(1)    prepare, execute for and file on behalf of the undersigned Form 144 in accordance with Rule 144 under the Securities Act of 1933, and Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder, and any other forms or reports the undersigned may be required to file in connection with the undersigned’s ownership, acquisition, or disposition of securities of Navitas Semiconductor Corporation (the “Company”);
(2)    do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or other form or report, and timely file such form or report with the United States Securities and Exchange Commission and any stock exchange or similar authority; and
(3)    take any other action of any type whatsoever in connection with the foregoing, which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
    The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
    This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. Further, this Power of Attorney shall terminate as to each attorney-in-fact appointed hereunder if and when the employment of such attorney-in-fact by the Company is terminated for any reason.


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of 8/24/2023.

/s/ Gary K. Wunderlich, Jr.
                    
Gary K. Wunderlich, Jr.