| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | INDI | Class A Common Stock | 30.3K | Jan 22, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | INDI | Restricted Stock Units | Jan 22, 2024 | Class A Common Stock | 56.3K | $0.00 | Direct | F1 | ||||||
| holding | INDI | Performance-based Restricted Stock Units | Jan 22, 2024 | Class A Common Stock | 100K | $0.00 | Direct | F2 | ||||||
| holding | INDI | Restricted Stock Units | Jan 22, 2024 | Class A Common Stock | 18.8K | $0.00 | Direct | F3 | ||||||
| holding | INDI | Restricted Stock Units | Jan 22, 2024 | Class A Common Stock | 37.5K | $0.00 | Direct | F4 | ||||||
| holding | INDI | Restricted Stock Units | Jan 22, 2024 | Class A Common Stock | 2.89K | $0.00 | Direct | F5 | ||||||
| holding | INDI | Employee Stock Option (right to buy) | Jan 22, 2024 | Class A Common Stock | 16.6K | $11.69 | Direct | F6 | ||||||
| holding | INDI | Performance-based Restricted Stock Units | Jan 22, 2024 | Class A Common Stock | 17.3K | $0.00 | Direct | F7 | ||||||
| holding | INDI | Restricted Stock Units | Jan 22, 2024 | Class A Common Stock | 43.5K | $0.00 | Direct | F8 |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 18,750 on January 3, 2025, 2026, and 2027. |
| F2 | Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. These performance-based restricted stock units shall be earned and become vested based on the achievement of the stock price targets set at $20, $30 and $40 per share of indie's Class A common stock prior to the expiration of a four-year performance period ending on December 31, 2026. The number of restricted stock units that vest shall be 33,333 units at $20 per share, 66,666 units at $30 per share, and 100,000 units at $40 per share. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 6,250 on August 31, 2024, 2025, and 2026. |
| F4 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 12,500 on July 1, 2024, 2025, and 2026. |
| F5 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 1,442 and 1,443 on January 3, 2025 and 2026, respectively. |
| F6 | These stock options vest with respect to twenty-five percent (25%) of the total number of shares of Class A common stock subject to the stock option on each of the first, second, third and fourth anniversaries of the grant date beginning January 3, 2023. |
| F7 | Each performance-based restricted stock unit represent a contingent right to receive one share of Class A Common Stock. Reported shares reflect the target number of shares awarded to the Reporting Person by the Compensation Committee of the Issuer's Board of Directors. Subject to the Issuer's Class A common stock achieving a specified price per share, the number of shares issued pursuant to the award may range from 0% to 200% of the target. |
| F8 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 21,750 on March 8, 2024 and 2025. |
Exhibit List - Exhibit 1 - Power of Attorney