Navitas Semiconductor Corp — Director's Dealing 2021

Nov 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Navitas Semiconductor Corp (NVTS)
CIK: 0001821769
Period of Report: 2021-10-19

Reporting Person: LONG BRIAN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-19	Common Stock	A	10463	—	Acquired	10463	Direct
2021-10-19	Common Stock	A	8866500	—	Acquired	8866500	Indirect

Footnotes

F1: Restricted stock units convert into common stock on a one-for-one basis. The reporting person received a restricted stock unit award which are unvested and fully vest on October 19, 2022.

F2: Received in exchange for 8,101,700 shares of Navitas Semiconductor Limited ("Navitas Semiconductor") in connection with the merger of Navitas Semiconductor into Navitas Semiconductor Corporation (the "Company") pursuant to the exchange ratio set forth in the Business Combination Agreement and Plan of Reorganization between Navitas Semiconductor and the Company. The closing price of the Company's Common Stock on the effective date of the merger was $13.38.

F3: Shares are held by Atlantic Bridge III LP ("Atlantic Bridge"), Brian Long is Managing Director of Atlantic Bridge. Brian Long may be deemed a beneficial owner of such shares, Brian Long disclaims beneficial ownership of all shares held by Atlantic Bridge, except to the extent of his actual pecuniary interest in such shares.