Ichiro Aoki - Dec 1, 2023 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
President, Director
Signature
/s/ Ichiro Aoki by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol
INDI
Transactions as of
Dec 1, 2023
Transactions value $
-$22,695
Form type
4
Date filed
12/5/2023, 08:28 PM
Previous filing
Sep 5, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $0 +8.77K +60.67% $0.00 23.2K Dec 1, 2023 Direct
transaction INDI Class A Common Stock Tax liability -$22.7K -3.09K -13.31% $7.34 20.1K Dec 4, 2023 Direct F1
holding INDI Class V Common Stock 5.49M Dec 1, 2023 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 Restricted Stock Units Award $0 +8.77K $0.00 8.77K Dec 1, 2023 Class A Common Stock 8.77K Direct F2, F3
transaction INDI Restricted Stock Units Options Exercise $0 -8.77K -100% $0.00* 0 Dec 1, 2023 Class A Common Stock 8.77K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of restricted stock units.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a percentage of cash salary as part of a voluntary equity compensation program as approved by the Board of Directors in June 2023. The number of underlying shares is equal to the amount of the forgone salary, divided by the closing trading price of INDI on the date of grant.