Donald McClymont - 02 Jun 2023 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
Issuer symbol
INDI
Transactions as of
02 Jun 2023
Net transactions value
$0
Form type
4
Filing time
06 Jun 2023, 18:15:43 UTC
Previous filing
12 May 2023
Next filing
15 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class V Common Stock Options Exercise $0 -12,000 -0.2% $0.000000 5,939,506 02 Jun 2023 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +12,000 +56% $0.000000 33,602 02 Jun 2023 Direct F2
transaction INDI Class A Common Stock Gift $0 -12,000 -36% $0.000000 21,602 06 Jun 2023 Direct F3
holding INDI Class A Common Stock 33,906 02 Jun 2023 by spouse

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 ADK Class A Units Options Exercise $0 -12,000 -0.2% $0.000000 5,939,506 02 Jun 2023 Class A Common Stock 12,000 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock. See note 2.
F2 Class A Common Stock received upon conversion of ADK Class A Units. The ADK Class A Units may be exchanged by the Reporting Person at any time after December 10, 2021 for an equal amount of shares of Class A Common Stock or, at the election of the Issuer, cash equal to the fair market value of such shares. Upon the Reporting Person's exchange of an ADK Class A Unit for Class A Common Stock, an equivalent number of shares of Class V Common Stock will be cancelled.
F3 This transaction represents a gift / charitable donation. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.
F4 N/A