Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INDI | Class A Common Stock | Options Exercise | $0 | +17.4K | +19.47% | $0.00 | 107K | Nov 13, 2022 | Direct | F1 |
transaction | INDI | Class A Common Stock | Tax liability | -$78.7K | -8.8K | -8.25% | $8.94 | 97.8K | Nov 14, 2022 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INDI | Restricted Stock Units | Options Exercise | $0 | -17.4K | -27.9% | $0.00 | 44.9K | Nov 13, 2022 | Class A Common Stock | 17.4K | Direct | F1, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Class A common stock. |
F2 | Represents shares of Class A common stock sold in the open market pursuant to a 10b5-1 plan to pay for withholding taxes in connection with the vesting of restricted stock units previously granted to the Reporting Person. This 10b5-1 plan was adopted by the Reporting Person on June 15, 2022, and modified on September 14, 2022. |
F3 | The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $8.72 to $9.12, inclusive. 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 sold at each separate price within the price range set forth in this footnote. |
F4 | The Reporting Person was granted restricted stock units that vest over a two-year period with fifty percent (50%) vesting on January 13, 2022 and the remaining fifty percent (50%) vesting in equal monthly installments over the second year. |