08/26/2026 | Press release | Distributed by Public on 08/26/2026 14:16
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Saluja Dipender C/O CAPRICORN INVESTMENT GROUP, LLC 512 W 22ND ST 6TH FLOOR NEW YORK, NY 10011 |
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| /s/ Dipender Saluja | 08/26/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | This Form 4/A is being filed solely to reflect the award of Restricted Stock Units ("RSUs") of the Issuer granted for the 2026-2027 board term, which occurred on July 22, 2026, and was inadvertently omitted from the original Form 4 filing by the reporting person. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the first quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of May 7, 2026. |
| (2) | Reflects shares underlying an annual award of RSUs granted for the 2026-2027 board term under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan and subject to applicable issuer policies. The RSUs will vest in full on June 25, 2027. |
| (3) | Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the second quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of July 29, 2026. |
| (4) | Shares are held by Technology Impact Fund, L.P., of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein. |
| (5) | Shares are held by Capricorn-Libra Investment Group, LP, of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein. |