0001821769-23-000018.txt : 20230301
0001821769-23-000018.hdr.sgml : 20230301
20230301165935
ACCESSION NUMBER: 0001821769-23-000018
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230227
FILED AS OF DATE: 20230301
DATE AS OF CHANGE: 20230301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Moxam David
CENTRAL INDEX KEY: 0001888290
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39755
FILM NUMBER: 23694634
MAIL ADDRESS:
STREET 1: C/O 2101 EL SEGUNDO BLVD.
STREET 2: SUITE 204
CITY: EL SEGUNDO
STATE: CA
ZIP: 90245
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_167770795827726.xml
FORM 4
X0306
4
2023-02-27
0
0001821769
Navitas Semiconductor Corp
NVTS
0001888290
Moxam David
C/O NAVITAS SEMICONDUCTOR CORPORATION
3520 CHALLENGER STREET
TORRANCE
CA
90503-1640
1
0
0
0
Class A Common Stock
2023-02-27
4
S
0
81566
6.17
D
832662
D
Class A Common Stock
2023-02-27
4
A
0
21705
0
A
854367
D
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.
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.
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.
/s/ Paul D. Delva, attorney-in-fact
2023-03-01