Key facts
- This page summarizes Michael Wittmann's Form 4 filing for indie Semiconductor, Inc. (INDI).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 08 Mar 2024, 20:04.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock
Footnote F2
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.
Footnote F3
Each performance-based restricted stock unit represent a contingent right to receive one share of Class A Common Stock. Such performance-based restricted stock units will vest upon the Issuer's Class A common stock achieving a specified price per share.
Footnote F4
The performance-based restricted stock units shall be earned and become vested based on the achievement of the stock price target set at $13 per share of Issuer's Class A common stock prior to the expiration of a three-year performance period beginning on the date of grant (the "Performance Period"). Upon achievement of the stock price target, 50% of the performance-based restricted stock units shall vest, and the remaining 50% shall vest on the earlier of a) one-year from date of achievement or b) the end of the Performance Period.