Sheridan Eugene's Form 4 filing
Navitas Semiconductor Corp (NVTS) · filed Jun 16, 2023
- Accession no.
- 0001821769-23-000116
- Filed
- Jun 16, 2023
- Trade date
- Jun 14-15, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 6 non-derivative transactions. Open-market sales total $406.5K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sheridan EugeneCIK 0001888341 | Director, Officer (President & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 14, 2023 | Class A Common Stock | SSaleDisposed | −24,374 | $9.99F2 | −$243,496.26 | 975,626 | Indirect | |
| Jun 15, 2023 | Class A Common Stock | SSaleDisposed | −16,666 | $9.78F3 | −$162,993.48 | 958,960 | Indirect | |
| Jun 15, 2023 | Class A Common Stock | GGiftDisposed | −200,000 | $0.00 | $0 | 1,066,044 | Indirect | |
| Jun 15, 2023 | Class A Common Stock | GGiftAcquired | +200,000 | $0.00 | $0 | 2,414,083 | Direct | |
| Jun 15, 2023 | Class A Common Stock | GGiftDisposed | −200,000 | $0.00 | $0 | 2,214,083 | Direct | |
| Jun 15, 2023 | Class A Common Stock | GGiftAcquired | +200,000 | $0.00 | $0 | 800,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The reported securities were sold in multiple trades at prices ranging from $9.75 to $10.11, 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.
Referenced by the price of 1 transaction in Table I.
- F3
The reported securities were sold in multiple trades at prices ranging from $9.58 to $9.99, 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.
Referenced by the price of 1 transaction in Table I.