April 23, 2025 · Form 4 insider transaction
GLICKMAN TODD bought 856,962 shares of NAVITAS SEMICONDUCTOR CORP at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 71 days after the transaction.
Reflects grant of (i) 846,113 restricted stock units (RSUs) scheduled to vest in increments of 25% on each of September 20, 2026, 2027, 2028 and 2029; and (ii) 10,849 RSUs scheduled to vest in full on August 20, 2025, with all vesting of each grant subject to the reporting person's continued employment on the applicable vesting date, or earlier upon certain events. RSU vesting results in the delivery of one share of issuer common stock per vested RSU following the vesting date, before sales of settled shares (or, alternatively, the withholding of shares subject to settlement) in respect of withholding taxes incurred by the reporting person upon settlement, if applicable, and subject to the issuer's equity incentive plan and applicable policies.; Consists of (i) 626,279 shares of common stock and (ii) 924,174 shares underlying unvested restricted stock units ("RSUs") scheduled to vest through September 20, 2029, subject to the reporting person's continued employment on the applicable vesting date, or earlier upon certain events. See also note 1.