Bal Kanwardev Raja Singh - Jan 3, 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
SVP Chief Accounting Officer
Signature
/s/ Bal, Kanwardev Raja Singh by Naixi Wu pursuant to power of attorney filed on December 7, 2022
Stock symbol
INDI
Transactions as of
Jan 3, 2024
Transactions value $
-$34,545
Form type
4
Date filed
1/5/2024, 07:36 PM
Previous filing
Dec 18, 2023
Next filing
Jan 16, 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 +9.38K $0.00 9.38K Jan 3, 2024 Direct
transaction INDI Class A Common Stock Tax liability -$34.5K -4.91K -52.34% $7.04 4.47K Jan 4, 2024 Direct F1

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 Options Exercise $0 -9.38K -25% $0.00 28.1K Jan 3, 2024 Class A Common Stock 9.38K 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 The time-based restricted stock units shall vest and become nonforfeitable with respect to twenty-five percent (25%) of the total number of restricted stock units on each of the first, second, third and fourth anniversaries of the grant date.