Michael Wittmann - Apr 1, 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Chief Operating Officer
Signature
/s/ Michael Wittmann, by Naixi Wu pursuant to power of attorney filed on January 22, 2024
Stock symbol
INDI
Transactions as of
Apr 1, 2024
Transactions value $
-$10,180
Form type
4
Date filed
4/3/2024, 05:59 PM
Previous filing
Mar 22, 2024
Next filing
Apr 23, 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 +3.96K +11.16% $0.00 39.4K Apr 1, 2024 Direct
transaction INDI Class A Common Stock Tax liability -$10.2K -1.56K -3.95% $6.53 37.9K Apr 2, 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 Award $0 +3.96K $0.00 3.96K Apr 1, 2024 Class A Common Stock 3.96K Direct F2, F3
transaction INDI Restricted Stock Units Options Exercise $0 -3.96K -100% $0.00* 0 Apr 1, 2024 Class A Common Stock 3.96K 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 a bonus for fiscal 2023 performance as approved by the Compensation Committee and paid in shares of Class A Common Stock that immediately vested on April 1, 2024.