Navitas Semiconductor Corp — Director's Dealing 2021

Oct 22, 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: Glickman Todd (Interim Chf Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-19	Common Stock	A	225240	—	Acquired	225240	Direct
2021-10-19	Common Stock	A	147744	—	Acquired	372984	Direct
2021-10-19	Common Stock	A	547200	—	Acquired	920184	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-19	Stock Option (Right to Buy)	$0.19	A	16621	Acquired	2028-03-27	Common Stock (16621)	Direct
2021-10-19	Stock Option (Right to Buy)	$0.21	A	87552	Acquired	2029-08-18	Common Stock (87552)	Direct

Footnotes

F1: Received in exchange for 205,812 shares of Navitas Semiconductor Limited, Inc. ("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

F2: Received in exchange for 135,000 Restricted Stock Units of Navitas Semiconductor in connection with the merger of Navitas Semiconductor into 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. These RSUs are partially vested and will fully vest on September 15, 2024.

F3: Received in exchange for 500,000 Restricted Stock Units of Navitas Semiconductor in connection with the merger of Navitas Semiconductor into 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. These RSUs are unvested and will fully vest on February 25, 2022.

F4: Received in exchange for stock options to acquire 15,188 shares of Navitas Semiconductor in connection with the merger of Navitas Semiconductor into 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. These stock options are partially vested and will fully vest on November 16, 2021.

F5: Received in exchange for stock options to acquire 80,000 shares of Navitas Semiconductor in connection with the merger of Navitas Semiconductor into 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. These stock options are partially vested and will fully vest on March 16, 2023.