PETER J. KIGHT - 10 Jun 2021 Form 3 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Director
Signature
/s/ Ellen Bancroft, Attorney-In-Fact
Issuer symbol
INDI
Transactions as of
10 Jun 2021
Net transactions value
$0
Form type
3
Filing time
21 Jun 2021, 21:10:56 UTC
Previous filing
25 May 2021
Next filing
20 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding INDI Class A Common Stock, par value $0.0001 1,000,000 10 Jun 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Master Transactions Agreement by and among Thunder Bridge II Surviving Pubco, Inc., Thunder Bridge Acquisition II, Ltd. ("TB2"), Ay Dee Kay, LLC, d/b/a indie Semiconductor and certain other parties (dated as of December 14, 2020 and amended that same date) (the "Agreement"), 1,000,000 shares of TB2 owned by the Reporting Person were converted into 1,000,000 shares of the Issuer upon the closing of the transactions contemplated by the Agreement does not include the Reporting Persons interest in additional shares of Class A common stock of the Issuer held by Thunder Bridge Acquisition II, LLC (the ("Sponsor"). The Reporting Person has an indirect pecuniary interest in certain of these shares (currently estimated to be 1,000,000 shares) through his membership interest in Thunder Bridge Founders II, LLC ("Founders II") (which, in turn, has a membership interest in the Sponsor).
F2 (Continuing from (1)) The Reporting Person currently has no voting or dispositive control of such shares. The Reporting Person interest is expected to become a direct interest upon the ultimate distribution of those shares from Sponsor to Founders II and, subsequently, from Founders II to its members, including the Reporting Person.