0001821769-24-000047.txt : 20240315 0001821769-24-000047.hdr.sgml : 20240315 20240315204213 ACCESSION NUMBER: 0001821769-24-000047 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240315 DATE AS OF CHANGE: 20240315 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Singh Ranbir CENTRAL INDEX KEY: 0001943408 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39755 FILM NUMBER: 24756695 MAIL ADDRESS: STREET 1: 2101 E. EL SEGUNDO BLVD., STE. 205 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] ORGANIZATION NAME: 04 Manufacturing 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_1710549723.xml FORM 4 X0508 4 2024-03-13 0 0001821769 Navitas Semiconductor Corp NVTS 0001943408 Singh Ranbir C/O NAVITAS SEMICONDUCTOR CORPORATION 3520 CHALLENGER STREET TORRANCE CA 90503-1640 0 1 1 0 EVP, GeneSiC Business 1 Class A Common Stock 2024-03-13 4 A 0 37530 0 A 40282 D Class A Common Stock 2024-03-14 4 S 0 10925 4.801 D 29357 D Class A Common Stock 24883161 I SiCPower, LLC Reflects settlement of shares underlying vested restricted stock units ("RSUs"). Reflects sales made pursuant to the issuer's policy requiring "sales to cover" of the minimum number of shares as are necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award, including restricted stock units, and intending to satisfy the requirements of Rule 10b5-1(c) under the Securities Exchange Act of 1934. The reporting person does not exercise control over the timing of such sales. The reported securities were sold in multiple trades at prices ranging from $4.6400 to $4.8100, 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 the sole manager of SiCPower, LLC, a Delaware limited liability company (SiCPower"), and may be deemed to have indirect beneficial ownership of the securities held by SiCPower. The reporting person disclaims beneficial ownership of the reported securities, for purposes of Section 16 of the Exchange Act or otherwise. 6,237,558 of the reported shares held by SiCPower were previously held by an irrevocable trust for which the reporting person acted as grantor (the "Trust"). As reported on a Form 4 filed by SiCPower with the SEC on March 24, 2023, the Trust transferred all of its shares to SiCPower on March 23, 2023 in a private transaction which, as to the reporting person, was exempt from reporting under Section 16 of the Exchange Act pursuant to Rule 16a-13 thereunder. /s/ Paul D. Delva, attorney-in-fact 2024-03-15