Donald McClymont - Dec 1, 2022 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Chief Executive Officer, Director
Signature
/s/ Donald McClymont by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol
INDI
Transactions as of
Dec 1, 2022
Transactions value $
-$56,887
Form type
4
Date filed
12/5/2022, 05:12 PM
Previous filing
Nov 3, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $0 +20.9K +127.82% $0.00 37.2K Dec 1, 2022 by spouse F1
transaction INDI Class A Common Stock Tax liability -$56.9K -7.31K -19.68% $7.78 29.9K Dec 2, 2022 by spouse F2
holding INDI Class V Common Stock 6.2M Dec 1, 2022 Direct
holding INDI Class A Common Stock 669 Dec 1, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INDI Phantom Awards Options Exercise $0 -20.9K -33.33% $0.00 41.7K Dec 1, 2022 Class A Common Stock 20.9K $0.00 By spouse F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The phantom awards vested as to 25% on December 10, 2021, 25% on December 1, 2022 and, subject to satisfaction of the further vesting condition under the award agreement, will vest as to 25% on each of December 1, 2023 and 2024. At the option of Issuer, the phantom awards may be settled either in cash or shares of Class A Common Stock.
F2 Represents shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of phantom awards (see Note 1).
F3 N/A