4//SEC Filing
HENDRIX RICHARD J 4
Accession 0001628280-25-027908
CIK 0001821769other
Filed
May 26, 8:00 PM ET
Accepted
May 27, 4:10 PM ET
Size
10.7 KB
Accession
0001628280-25-027908
Insider Transaction Report
Form 4
HENDRIX RICHARD J
Director
Transactions
- Sale
Class A Common Stock
2025-05-22$4.33/sh−77,089$333,795→ 0 total(indirect: By Individual retirement accounts) - Sale
Class A Common Stock
2025-05-22$4.50/sh−120,000$540,000→ 176,709 total(indirect: By LLC) - Sale
Class A Common Stock
2025-05-22$4.75/sh−32,366$153,739→ 0 total(indirect: By LLC)
Holdings
- 94,739
Class A Common Stock
- 1,263,000(indirect: By LLC)
Class A Common Stock
Footnotes (4)
- [F1]Includes 137,616 shares of common stock previously held by Live Oak Sponsor and previously reported as beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein. Those shares were later distributed by Live Oak Sponsor to RJH Management Co., LLC in a transaction that was not reportable under Section 16 of the Securities Exchange Act of 1934.
- [F2]The reporting person is a managing member of Live Oak Merchant Partners, LLC. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F3]The reporting person is a managing member of Live Oak Sponsor. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F4]Consists of (i) 63,279 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.
Documents
Issuer
Navitas Semiconductor Corp
CIK 0001821769
Entity typeother
Related Parties
1- filerCIK 0001218306
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 4:10 PM ET
- Size
- 10.7 KB