Donald McClymont - Mar 9, 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Signature
/s/ Donald McClymont by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol
INDI
Transactions as of
Mar 9, 2024
Transactions value $
-$7,148
Form type
4
Date filed
3/12/2024, 06:07 PM
Previous filing
Mar 5, 2024
Next filing
Apr 3, 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 +2.5K +4.79% $0.00 54.7K Mar 9, 2024 by spouse
transaction INDI Class A Common Stock Tax liability -$7.15K -1.04K -1.9% $6.88 53.7K Mar 11, 2024 by spouse F1
holding INDI Class A Common Stock 83.7K Mar 9, 2024 Direct
holding INDI Class V Common Stock 5.64M Mar 9, 2024 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 Options Exercise $0 -2.5K -33.33% $0.00 5K Mar 9, 2024 Class A Common Stock 2.5K $0.00 by spouse 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.