NVTS

SEC source: 0001821769-23-000122 · wk-form4_1688762863.xml · nonDerivative · entry 1

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Indirect · GaNFast Trust

Disclosed balance after: 926,910

F1 · kind: The reported sales were made pursuant to a contract, instruction or written plan intended to satisfy the conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934.

F2 · price: The reported securities were sold in multiple trades at prices ranging from $10.30 to $11.13, 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.

SEC source: 0001821769-23-000116 · wk-form4_1686957247.xml · nonDerivative · entry 6

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Indirect · Lolas Trust

Disclosed balance after: 800,000

F4 · kind: As a condition to the permissibility of the gift under lock-up agreements to which the gifted shares were subject before the transaction, the donee has agreed that the gifted shares will be subject to the same transfer restrictions after the transaction.

F6 · ownership.nature: The reporting person disclaims beneficial ownership of the reported securities, and this report shall not be deemed an admission that the reporting person beneficially owns the reported securities for purposes of Section 16 or any other purpose.

SEC source: 0001821769-23-000116 · wk-form4_1686957247.xml · nonDerivative · entry 5

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 2,214,083

F4 · kind: As a condition to the permissibility of the gift under lock-up agreements to which the gifted shares were subject before the transaction, the donee has agreed that the gifted shares will be subject to the same transfer restrictions after the transaction.

F5 · balance_after: Consists of (i) 390,083 shares of common stock and (ii) 1,824,000 shares of common stock underlying unvested restricted stock units, which will vest in one-half increments on each of August 25, 2023 and August 25, 2024, subject to the reporting person's continued employment, or earlier upon certain events. Vesting results in the delivery of one share of common stock per vested unit following the vesting date.

SEC source: 0001821769-23-000116 · wk-form4_1686957247.xml · nonDerivative · entry 4

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 2,414,083

F4 · kind: As a condition to the permissibility of the gift under lock-up agreements to which the gifted shares were subject before the transaction, the donee has agreed that the gifted shares will be subject to the same transfer restrictions after the transaction.

SEC source: 0001821769-23-000116 · wk-form4_1686957247.xml · nonDerivative · entry 3

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Indirect · Eugene and Melissa Sheridan Trust

Disclosed balance after: 1,066,044

F4 · kind: As a condition to the permissibility of the gift under lock-up agreements to which the gifted shares were subject before the transaction, the donee has agreed that the gifted shares will be subject to the same transfer restrictions after the transaction.

SEC source: 0001821769-23-000116 · wk-form4_1686957247.xml · nonDerivative · entry 2

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Indirect · GaNFast Trust

Disclosed balance after: 958,960

F1 · kind: The reported sales were made pursuant to a contract, instruction or written plan intended to satisfy the conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934.

F3 · price: 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.

SEC source: 0001821769-23-000116 · wk-form4_1686957247.xml · nonDerivative · entry 1

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Plan reported

Ownership: Indirect · GaNFast Trust

Disclosed balance after: 975,626

F1 · kind: The reported sales were made pursuant to a contract, instruction or written plan intended to satisfy the conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934.

F2 · price: 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.

SEC source: 0001821769-23-000110 · wk-form4_1686615921.xml · nonDerivative · entry 1

Saluja Dipender · CIK 0001834268 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 47,189

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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 immediately before the issuer's 2024 annual stockholders' meeting , subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2023 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date).

F2 · balance_after: Includes 21,705 RSUs subject to vesting on November 10, 2023.

SEC source: 0001821769-23-000106 · wk-form4_1686615033.xml · nonDerivative · entry 1

LONG BRIAN · CIK 0001201010 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 47,189

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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 immediately before the issuer's 2024 annual stockholders' meeting , subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2023 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date).

F2 · balance_after: Includes 21,705 RSUs subject to vesting on November 10, 2023.

SEC source: 0001821769-23-000114 · wk-form4_1686617786.xml · nonDerivative · entry 1

HENDRIX RICHARD J · CIK 0001218306 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,279

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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 immediately before the issuer's 2024 annual stockholders' meeting , subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2023 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date).

F2 · balance_after: Includes 21,705 RSUs subject to vesting on November 10, 2023.

SEC source: 0001821769-23-000112 · wk-form4_1686617681.xml · nonDerivative · entry 1

Wunderlich Gary Kent JR · CIK 0001709974 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 194,523

F1 · shares: Reflects shares underlying restricted stock units ("RSUs") granted 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 immediately before the issuer's 2024 annual stockholders' meeting , subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2023 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date).

F2 · balance_after: Includes 21,705 RSUs subject to vesting on November 10, 2023.

SEC source: 0001821769-23-000108 · wk-form4_1686615439.xml · nonDerivative · entry 1

Moxam David · CIK 0001888290 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 869,388

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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 immediately before the issuer's 2024 annual stockholders' meeting , subject to the reporting person's continued service as a director at that time, and provided such meeting is within 30 days of the first anniversary of the 2023 annual stockholders' meeting (otherwise the RSUs will vest one year after the grant date).

F2 · balance_after: Includes 21,705 RSUs subject to vesting on November 10, 2023.

SEC source: 0001821769-23-000011 · wf-form5_167606619312975.xml · nonDerivative · entry 3

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By spouse

Disclosed balance after: 0

F2 · shares: Gift by reporting person's spouse to The GaNFast Trust for the benefit of the reporting person among other beneficiaries. The transferee remains subject to lock-up restrictions that affected the reported shares before transfer.

SEC source: 0001821769-23-000043 · wf-form4_167969198652518.xml · nonDerivative · entry 1

SiCPower, LLC · CIK 0001968866 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,883,161

F1 · kind: Further to transactions previously reported in a Form 4 filed on 3/16/2023 by Ranbir Singh, an executive officer of the issuer, the reported securities were contributed to the reporting person by an irrevocable trust for which Dr. Singh acted as grantor. The reporting person is an estate-planning vehicle of which the trust is the sole member and Dr. Singh is the sole manager.

F1 · price: Further to transactions previously reported in a Form 4 filed on 3/16/2023 by Ranbir Singh, an executive officer of the issuer, the reported securities were contributed to the reporting person by an irrevocable trust for which Dr. Singh acted as grantor. The reporting person is an estate-planning vehicle of which the trust is the sole member and Dr. Singh is the sole manager.

F1 · ownership.direct: Further to transactions previously reported in a Form 4 filed on 3/16/2023 by Ranbir Singh, an executive officer of the issuer, the reported securities were contributed to the reporting person by an irrevocable trust for which Dr. Singh acted as grantor. The reporting person is an estate-planning vehicle of which the trust is the sole member and Dr. Singh is the sole manager.

SEC source: 0001821769-23-000041 · wf-form4_167935074361002.xml · nonDerivative · entry 2

Singh Ranbir · CIK 0001943408 · EVP, GeneSic Business · 10% owner

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 2,752

F2 · kind: In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested RSUs, in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F3 · price: The reported securities were sold in multiple trades at prices ranging from $6.55 to $6.61, 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.

SEC source: 0001821769-23-000041 · wf-form4_167935074361002.xml · nonDerivative · entry 1

Singh Ranbir · CIK 0001943408 · EVP, GeneSic Business · 10% owner

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 4,308

F1 · kind: Reflects shares underlying award of fully vested restricted stock units ("RSUs").

SEC source: 0001821769-23-000032 · wf-form4_167901196437234.xml · nonDerivative · entry 2

SHELTON RON · CIK 0001229575 · Sr VP, CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 379,552

F2 · kind: In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F3 · price: The reported securities were sold in multiple trades at prices ranging from $6.20 to $6.31, 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.

F4 · balance_after: Consists of (i) 4,552 shares of common stock and (ii) 375,000 shares underlying restricted stock units which will vest in 25% increments on each of the first four anniversaries of April 20, 2022, subject to the reporting person's continued employment by the issuer on the applicable vesting date, or earlier upon certain events. Upon vesting, RSUs convert into common stock on a one-for-one basis.

SEC source: 0001821769-23-000030 · wf-form4_167901189649420.xml · nonDerivative · entry 2

Kinzer Daniel M. · CIK 0001520256 · Director · COO and CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,669,847

F2 · kind: In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F3 · price: The reported securities were sold in multiple trades at prices ranging from $6.23 to $6.30, 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.

F4 · balance_after: Consists of (i) 3,940,247 shares of common stock and (ii) 729,600 shares of common stock underlying restricted stock units (RSUs), which will vest in one-half increments on each of August 25, 2023 and August 25, 2024 or earlier upon certain events, subject to the reporting person's continued employment. Vesting results in the delivery of one share of common stock per vested RSU following the vesting date.

SEC source: 0001821769-23-000034 · wf-form4_167901223658998.xml · nonDerivative · entry 2

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,214,083

F2 · kind: Includes but is not limited to sales executed automatically, pursuant to issuer policy, to cover applicable withholding taxes incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F3 · balance_after: Consists of (i) 390,083 shares of common stock and (ii) 1,824,000 shares of common stock underlying unvested restricted stock units, which will vest in one-half increments on each of August 25, 2023 and August 25, 2024, subject to the reporting person's continued employment, or earlier upon certain events. Vesting results in the delivery of one share of common stock per vested unit following the vesting date.

SEC source: 0001821769-23-000036 · wf-form4_167901234131917.xml · nonDerivative · entry 1

Singh Ranbir · CIK 0001943408 · EVP, GeneSic Business · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: As part of an estate-planning transaction, the reporting person sold the reported securities to SiCPower, LLC, a Delaware limited liability company whose sole member is an irrevocable trust for which the reporting person acted as grantor. Approximately concurrently with the filing of this Form 4, the purchaser is filing a Form 3 as a new Section 16 filer, and to report its ownership of the reported securities.

SEC source: 0001821769-23-000032 · wf-form4_167901196437234.xml · nonDerivative · entry 1

SHELTON RON · CIK 0001229575 · Sr VP, CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 382,865

F1 · kind: Reflects grant of fully vested restricted stock units (RSUs).

SEC source: 0001821769-23-000030 · wf-form4_167901189649420.xml · nonDerivative · entry 1

Kinzer Daniel M. · CIK 0001520256 · Director · COO and CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,678,837

F1 · kind: Reflects award of fully vested restricted stock units (RSUs).

SEC source: 0001821769-23-000034 · wf-form4_167901223658998.xml · nonDerivative · entry 1

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,252,604

F1 · kind: Reflects award of fully vested restricted stock units (RSUs).

SEC source: 0001821769-23-000026 · wf-form4_167771002781369.xml · nonDerivative · entry 1

Saluja Dipender · CIK 0001834268 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,168

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

F1 · shares: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

SEC source: 0001821769-23-000024 · wf-form4_167770983816641.xml · nonDerivative · entry 1

LONG BRIAN · CIK 0001201010 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,168

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

F1 · shares: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

SEC source: 0001821769-23-000022 · wf-form4_167770913617732.xml · nonDerivative · entry 1

HENDRIX RICHARD J · CIK 0001218306 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,451

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

F1 · shares: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

SEC source: 0001821769-23-000020 · wf-form4_167770877159004.xml · nonDerivative · entry 1

Wunderlich Gary Kent JR · CIK 0001709974 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 218,137

F1 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

F1 · shares: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

F2 · balance_after: Balance includes 117,136 shares previously reported as held by Live Oak Sponsor Partners II, LLC ("Live Oak") and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein.

SEC source: 0001821769-23-000018 · wf-form4_167770795827726.xml · nonDerivative · entry 2

Moxam David · CIK 0001888290 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 854,367

F2 · kind: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

F2 · shares: Reflects shares underlying restricted stock units ("RSUs") granted 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. All RSUs vest on November 10, 2023, the one-year anniversary of the issuer's 2022 annual stockholders' meeting, subject to the reporting person's continued service as of the vesting date.

F3 · balance_after: Balance includes (i) 103,765 shares previously reported as beneficially owned directly by the reporting person, (ii) 800,000 shares previously reported as held by MalibuIQ, LLC and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein and (iii) 10,463 shares previously reported as underlying restricted stock units which vested in full on 10/19/2022, net of (iv) the shares disposed of and acquired as reported herein.

SEC source: 0001821769-23-000018 · wf-form4_167770795827726.xml · nonDerivative · entry 1

Moxam David · CIK 0001888290 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 832,662

F1 · price: The reported securities were sold in multiple trades at prices ranging from $6.13 to $6.28, 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.

SEC source: 0001821769-22-000040 · wf-form4_166917094237434.xml · nonDerivative · entry 2

Kinzer Daniel M. · CIK 0001520256 · Director · COO and CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 885,617

F1 · kind: In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F3 · price: The reported securities were sold in multiple trades at prices ranging from $4.06 to $4.39, 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.

F4 · balance_after: Consists of (i) 156,017 shares of common stock and (ii) 729,600 shares of common stock underlying restricted stock units (RSUs), which will vest in one-half increments on each of August 25, 2023 and August 25, 2024 or earlier upon certain events, subject to the reporting person's continued employment. Vesting results in the delivery of one share of common stock per vested RSU following the vesting date.

SEC source: 0001821769-22-000038 · wf-form4_166917051397154.xml · nonDerivative · entry 2

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,214,083

F1 · kind: In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F3 · price: The reported securities were sold in multiple trades at prices ranging from $4.06 to $4.38, 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.

F4 · balance_after: Consists of (i) 390,083 shares of common stock and (ii) 1,824,000 shares of common stock underlying unvested restricted stock units, which will vest in one-half increments on each of August 25, 2023 and August 25, 2024, subject to the reporting person's continued employment, or earlier upon certain events. Vesting results in the delivery of one share of common stock per vested unit following the vesting date.

SEC source: 0001821769-22-000040 · wf-form4_166917094237434.xml · nonDerivative · entry 1

Kinzer Daniel M. · CIK 0001520256 · Director · COO and CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 990,862

F1 · kind: In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F2 · price: The reported securities were sold in multiple trades at prices ranging from $4.37 to $4.47, 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.

SEC source: 0001821769-22-000038 · wf-form4_166917051397154.xml · nonDerivative · entry 1

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,477,192

F1 · kind: In accordance with issuer policy the reported securities were sold automatically solely to cover applicable withholding taxes, incurred by the reporting person as a result of the settlement of vested restricted stock units (RSUs), in transactions intended to comply with a trading plan under Rule 10b5-1(c) of the Exchange Act.

F2 · price: The reported securities were sold in multiple trades at prices ranging from $4.37 to $4.48, 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.

SEC source: 0001628280-22-019023 · wf-form4_165793535869589.xml · nonDerivative · entry 1

SHELTON RON · CIK 0001229575 · Sr VP, CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 375,000

F1 · shares: Consists of unvested restricted stock units (RSUs) which will vest in 25% increments on each of the first four anniversaries of April 20, 2022, subject to the reporting person's continued employment by the issuer on the applicable vesting date, or earlier upon certain events. Upon vesting, RSUs convert into common stock on a one-for-one basis.

F1 · balance_after: Consists of unvested restricted stock units (RSUs) which will vest in 25% increments on each of the first four anniversaries of April 20, 2022, subject to the reporting person's continued employment by the issuer on the applicable vesting date, or earlier upon certain events. Upon vesting, RSUs convert into common stock on a one-for-one basis.

SEC source: 0001628280-22-014159 · wf-form4_165239285310681.xml · derivative · entry 3

Kinzer Daniel M. · CIK 0001520256 · Director · COO and CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 450,072 shares

Expires 2028-03-27

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-22-014159 · wf-form4_165239285310681.xml · nonDerivative · entry 1

Kinzer Daniel M. · CIK 0001520256 · Director · COO and CTO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,770,107

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001628280-22-010910 · wf-form4a_165111083569975.xml · nonDerivative · entry 1

Glickman Todd · CIK 0001888289 · SVP, Interim CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,546

F1 · shares: Consists of restricted stock units (RSUs) granted to the reporting person on April 25, 2022, subject to vesting in 25% increments on each of January 20, 2023, 2024, 2025 and 2026.

F1 · balance_after: Consists of restricted stock units (RSUs) granted to the reporting person on April 25, 2022, subject to vesting in 25% increments on each of January 20, 2023, 2024, 2025 and 2026.

SEC source: 0001628280-22-010868 · wf-form4_165109736541867.xml · nonDerivative · entry 1

Glickman Todd · CIK 0001888289 · SVP, Interim CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,546

F1 · shares: Consists of restricted stock units (RSUs) granted to the reporting person on April 25, 2022, subject to vesting in 25% increments on each of January 20, 2023, 2024, 2025 and 2026.

F1 · balance_after: Consists of restricted stock units (RSUs) granted to the reporting person on April 25, 2022, subject to vesting in 25% increments on each of January 20, 2023, 2024, 2025 and 2026.

SEC source: 0001821769-23-000011 · wf-form5_167606619312975.xml · nonDerivative · entry 4

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · GaNFast Trust

Disclosed balance after: 1,000,000

F2 · shares: Gift by reporting person's spouse to The GaNFast Trust for the benefit of the reporting person among other beneficiaries. The transferee remains subject to lock-up restrictions that affected the reported shares before transfer.

SEC source: 0001821769-23-000011 · wf-form5_167606619312975.xml · nonDerivative · entry 2

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By spouse

Disclosed balance after: 1,000,000

F1 · shares: Gift to reporting person's spouse. The transferee remained subject to lock-up restrictions that affected the reported shares before transfer.

SEC source: 0001821769-23-000011 · wf-form5_167606619312975.xml · nonDerivative · entry 1

Sheridan Eugene · CIK 0001888341 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · Eugene and Melissa Sheridan Trust

Disclosed balance after: 1,266,044

F1 · shares: Gift to reporting person's spouse. The transferee remained subject to lock-up restrictions that affected the reported shares before transfer.

SEC source: 0001628280-22-006113 · wf-form4_164729363361218.xml · nonDerivative · entry 1

Glickman Todd · CIK 0001888289 · SVP, Interim CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 853,355

F1 · shares: Reflects disposition to the issuer duly approved in accordance with Rule 16b-3(e) under the Securities Exchange Act of 1934 (17 CFR 240.16b-3(e)) and undertaken solely for the purpose of satisfying certain tax obligations of the reporting person, including tax obligations arising in connection with the reporting person's exercise of options to purchase shares of Navitas Semiconductor Limited ("Legacy Navitas") prior to Legacy Navitas entering into the business combination transaction with the issuer (then known as Live Oak Acquisition Corp. II), and as contemplated by that certain Lock-Up Agreement between the reporting person and the issuer dated as of May 6, 2021.

F2 · price: The disposition was executed pursuant to an agreement entered into on March 4, 2022, which provided that (i) the execution date would be the 5th trading day after the transaction was duly authorized by the board of directors and (ii) the purchase price would be equal to the closing price of the reported securities on the Nasdaq Stock Market on the trading day immediately preceding the execution date. The transaction was duly authorized on March 6, 2022, hence the execution date was March 11, 2022 and the purchase price was equal to the closing price on March 10, 2022.

F3 · balance_after: Consists of (i) 705,611 shares and (ii) 147,744 restricted stock units which are partially vested and which will fully vest on September 15, 2024.

SEC source: 0001821769-23-000004 · wf-form4_167288296867395.xml · derivative · entry 22

Wunderlich Gary Kent JR · CIK 0001709974 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 90,476 shares

Expires 2022-03-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects cashless exercise of warrants in connection with the Issuer's redemption of all outstanding and unexercised public and private placement warrants at 5:00 pm New York City time on 3/7/2022 (the "Redemption Date") for a redemption price of $0.10 per warrant, in accordance with the Warrant Agreement dated 12/2/2020 between the Issuer (fka Live Oak Acquisition Corp. II) and Continental Stock Transfer & Trust Company (the "Warrant Agreement"). Pursuant to the Warrant Agreement, each warrant was exercisable, before the Redemption Date only, for one share of common stock for $11.50 per share in cash or on a cashless basis. In accordance with SEC requirements, the cashless exercise is reported on two rows of Table I: the row that includes this note 1, which sets forth the gross number of shares subject to the warrant, and the subsequent row that includes note 4, which reflects the number of shares deemed surrendered in lieu of payment of the exercise price. See also notes 2 and 4.

F6 · kind: Reflects exercise by the reporting person of private placement warrants previously reported as held directly by Live Oak Sponsor Partners II, LLC and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein.

SEC source: 0001821769-23-000004 · wf-form4_167288296867395.xml · nonDerivative · entry 14

Wunderlich Gary Kent JR · CIK 0001709974 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,296

F4 · kind: The number of net shares issuable, and thus the number of shares deemed "disposed of" upon cashless exercise of the warrants, was determined by the Issuer pursuant to Sections 3.3.1 and 6.2 of the Warrant Agreement. Accordingly, on 2/22/2022, the Issuer announced that warrant holders who exercise warrants on a cashless basis prior to the Redemption Date would receive 0.261 shares of common stock per warrant exercised (rounded down to the nearest whole share). See the Issuer's current reports on Form 8-K, filed with the SEC on 2/4/2022 and 2/22/2022. The related disposition of shares, in addition to being provided for in the Warrant Agreement, was exempted from Section 16(b) of the Exchange Act, pursuant to Rule 16b-3(e) thereunder, by resolution of the board of directors of the Issuer prior to such disposition.

F6 · kind: Reflects exercise by the reporting person of private placement warrants previously reported as held directly by Live Oak Sponsor Partners II, LLC and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein.

F2 · shares: Since shares were acquired on a net basis, this entry is provided only to satisfy the requirements of Form 4 (except, if note 7 also applies, to the extent figure reflects previously reported shares described in note 7). As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 4. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F2 · price: Since shares were acquired on a net basis, this entry is provided only to satisfy the requirements of Form 4 (except, if note 7 also applies, to the extent figure reflects previously reported shares described in note 7). As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 4. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F7 · balance_after: In addition to shares acquired or deemed acquired upon the cashless exercise of private placement warrants reported on this form, the reported number of shares includes (i) 12,750 shares previously reported as held directly by Live Oak GaN Partners LLC (of which the reporting person is a managing member) and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein; and (ii) 10,463 previously reported shares underlying restricted stock units that vest in full on 10/19/2022.

SEC source: 0001821769-23-000004 · wf-form4_167288296867395.xml · nonDerivative · entry 13

Wunderlich Gary Kent JR · CIK 0001709974 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 146,158

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects cashless exercise of warrants in connection with the Issuer's redemption of all outstanding and unexercised public and private placement warrants at 5:00 pm New York City time on 3/7/2022 (the "Redemption Date") for a redemption price of $0.10 per warrant, in accordance with the Warrant Agreement dated 12/2/2020 between the Issuer (fka Live Oak Acquisition Corp. II) and Continental Stock Transfer & Trust Company (the "Warrant Agreement"). Pursuant to the Warrant Agreement, each warrant was exercisable, before the Redemption Date only, for one share of common stock for $11.50 per share in cash or on a cashless basis. In accordance with SEC requirements, the cashless exercise is reported on two rows of Table I: the row that includes this note 1, which sets forth the gross number of shares subject to the warrant, and the subsequent row that includes note 4, which reflects the number of shares deemed surrendered in lieu of payment of the exercise price. See also notes 2 and 4.

F6 · kind: Reflects exercise by the reporting person of private placement warrants previously reported as held directly by Live Oak Sponsor Partners II, LLC and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein.

F2 · shares: Since shares were acquired on a net basis, this entry is provided only to satisfy the requirements of Form 4 (except, if note 7 also applies, to the extent figure reflects previously reported shares described in note 7). As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 4. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F2 · price: Since shares were acquired on a net basis, this entry is provided only to satisfy the requirements of Form 4 (except, if note 7 also applies, to the extent figure reflects previously reported shares described in note 7). As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 4. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F2 · balance_after: Since shares were acquired on a net basis, this entry is provided only to satisfy the requirements of Form 4 (except, if note 7 also applies, to the extent figure reflects previously reported shares described in note 7). As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 4. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F7 · balance_after: In addition to shares acquired or deemed acquired upon the cashless exercise of private placement warrants reported on this form, the reported number of shares includes (i) 12,750 shares previously reported as held directly by Live Oak GaN Partners LLC (of which the reporting person is a managing member) and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein; and (ii) 10,463 previously reported shares underlying restricted stock units that vest in full on 10/19/2022.

SEC source: 0001821769-23-000002 · wf-form4_167288284002456.xml · derivative · entry 11

HENDRIX RICHARD J · CIK 0001218306 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By RJH Management Co., LLC

Disclosed balance after: 0

Underlying: Class A Common Stock · 169,640 shares

Expires 2022-03-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects cashless exercise of warrants in connection with the Issuer's redemption of all outstanding and unexercised public and private placement warrants at 5:00 pm New York City time on 3/7/2022 (the "Redemption Date") for a redemption price of $0.10 per warrant, in accordance with the Warrant Agreement dated 12/2/2020 between the Issuer (fka Live Oak Acquisition Corp. II) and Continental Stock Transfer & Trust Company (the "Warrant Agreement"). Pursuant to the Warrant Agreement, each warrant was exercisable, before the Redemption Date only, for one share of common stock for $11.50 per share in cash or on a cashless basis. In accordance with SEC requirements, the cashless exercise is reported on two rows of Table I: the row that includes this note 1, which sets forth the gross number of shares subject to the warrant, and the subsequent row that includes note 3, which reflects the number of shares deemed surrendered in lieu of payment of the exercise price. See also notes 2 and 3.

F8 · kind: Reflects exercise by the reporting person of private placement warrants previously reported as held directly by Live Oak Sponsor Partners II, LLC and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein.

F9 · kind: Corresponds to transactions reported in rows 5 and 6 of Table I and described in notes 1-3. Upon cashless exercise of the warrants in accordance with the Warrant Agreement, 44,276 net shares were issued.

SEC source: 0001821769-23-000002 · wf-form4_167288284002456.xml · nonDerivative · entry 6

HENDRIX RICHARD J · CIK 0001218306 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By RJH Management Co., LLC

Disclosed balance after: 44,276

F3 · kind: The number of net shares issuable, and thus the number of shares deemed "disposed of" upon cashless exercise of the warrants, was determined by the Issuer pursuant to Sections 3.3.1 and 6.2 of the Warrant Agreement. Accordingly, on 2/22/2022, the Issuer announced that warrant holders who exercise warrants on a cashless basis prior to the Redemption Date would receive 0.261 shares of common stock per warrant exercised (rounded down to the nearest whole share). See the Issuer's current reports on Form 8-K, filed with the SEC on 2/4/2022 and 2/22/2022. See also the entries in Table II accompanying notes 6, 7 and 9. The related disposition of shares, in addition to being provided for in the Warrant Agreement, was exempted from Section 16(b) of the Exchange Act, pursuant to Rule 16b-3(e) thereunder, by resolution of the board of directors of the Issuer prior to such disposition.

F2 · shares: Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F2 · price: Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

SEC source: 0001821769-23-000002 · wf-form4_167288284002456.xml · nonDerivative · entry 5

HENDRIX RICHARD J · CIK 0001218306 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By RJH Management Co., LLC

Disclosed balance after: 169,640

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects cashless exercise of warrants in connection with the Issuer's redemption of all outstanding and unexercised public and private placement warrants at 5:00 pm New York City time on 3/7/2022 (the "Redemption Date") for a redemption price of $0.10 per warrant, in accordance with the Warrant Agreement dated 12/2/2020 between the Issuer (fka Live Oak Acquisition Corp. II) and Continental Stock Transfer & Trust Company (the "Warrant Agreement"). Pursuant to the Warrant Agreement, each warrant was exercisable, before the Redemption Date only, for one share of common stock for $11.50 per share in cash or on a cashless basis. In accordance with SEC requirements, the cashless exercise is reported on two rows of Table I: the row that includes this note 1, which sets forth the gross number of shares subject to the warrant, and the subsequent row that includes note 3, which reflects the number of shares deemed surrendered in lieu of payment of the exercise price. See also notes 2 and 3.

F2 · shares: Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F2 · price: Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

F2 · balance_after: Since shares were acquired on a net basis, this entry is provided to satisfy the requirements of Form 4. As applicable based on the figure to which this note 2 pertains, (i) number of shares shown as "acquired" reflects gross number of shares subject to warrant upon exercise; (ii) number of shares shown as "disposed of" equals the difference between the gross number of shares subject to the warrant and the net number issuable under the terms of the Warrant Agreement, as explained in note 3. For more information, see the Warrant Agreement filed as Exhibit 4.1 to the Issuer's current report on Form 8-K, filed with the SEC on 12/8/2020.

SEC source: 0001821769-23-000004 · wf-form4_167288296867395.xml · derivative · entry 21

Wunderlich Gary Kent JR · CIK 0001709974 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,476

Underlying: Class A Common Stock · 124,405 shares

Expires 2022-03-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects cashless exercise of warrants in connection with the Issuer's redemption of all outstanding and unexercised public and private placement warrants at 5:00 pm New York City time on 3/7/2022 (the "Redemption Date") for a redemption price of $0.10 per warrant, in accordance with the Warrant Agreement dated 12/2/2020 between the Issuer (fka Live Oak Acquisition Corp. II) and Continental Stock Transfer & Trust Company (the "Warrant Agreement"). Pursuant to the Warrant Agreement, each warrant was exercisable, before the Redemption Date only, for one share of common stock for $11.50 per share in cash or on a cashless basis. In accordance with SEC requirements, the cashless exercise is reported on two rows of Table I: the row that includes this note 1, which sets forth the gross number of shares subject to the warrant, and the subsequent row that includes note 4, which reflects the number of shares deemed surrendered in lieu of payment of the exercise price. See also notes 2 and 4.

F6 · kind: Reflects exercise by the reporting person of private placement warrants previously reported as held directly by Live Oak Sponsor Partners II, LLC and beneficially owned indirectly by the reporting person by virtue of his pecuniary interest therein.

SEC source: 0001821769-23-000004 · wf-form4_167288296867395.xml · derivative · entry 20

Wunderlich Gary Kent JR · CIK 0001709974 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Individual retirement account

Disclosed balance after: 0

Underlying: Class A Common Stock · 10,000 shares

Expires 2022-03-07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Reflects cashless exercise of warrants in connection with the Issuer's redemption of all outstanding and unexercised public and private placement warrants at 5:00 pm New York City time on 3/7/2022 (the "Redemption Date") for a redemption price of $0.10 per warrant, in accordance with the Warrant Agreement dated 12/2/2020 between the Issuer (fka Live Oak Acquisition Corp. II) and Continental Stock Transfer & Trust Company (the "Warrant Agreement"). Pursuant to the Warrant Agreement, each warrant was exercisable, before the Redemption Date only, for one share of common stock for $11.50 per share in cash or on a cashless basis. In accordance with SEC requirements, the cashless exercise is reported on two rows of Table I: the row that includes this note 1, which sets forth the gross number of shares subject to the warrant, and the subsequent row that includes note 4, which reflects the number of shares deemed surrendered in lieu of payment of the exercise price. See also notes 2 and 4.